{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\replication_log.smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res} 2 Jun 2025, 09:28:40
{txt}
{com}. 
.         
. ********************************************************************************
. *
. * Figures in manuscript
. *
. ********************************************************************************        
.         
.         *Loading data
.         use "$path\replication_data_analysis.dta"
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Analysis Dataset)

{com}.         
.         ****************************************************************************
.         *Figure 1 (a). Number of initiated contracts over time
.         ****************************************************************************    
.         
.         *Preserving data
.         preserve
{txt}
{com}.         
.         *Generating decade variable for aggregation
.         gen decade=1 if year>=1940 & year<1950 
{txt}(7,775 missing values generated)

{com}.         replace decade=2 if year>=1950 & year<1960
{txt}(1,260 real changes made)

{com}.         replace decade=3 if year>=1960 & year<1970      
{txt}(1,226 real changes made)

{com}.         replace decade=4 if year>=1970 & year<1980
{txt}(1,191 real changes made)

{com}.         replace decade=5 if year>=1980 & year<1990      
{txt}(1,125 real changes made)

{com}.         replace decade=6 if year>=1990 & year<2000      
{txt}(1,007 real changes made)

{com}.         replace decade=7 if year>=2000 & year<2010      
{txt}(893 real changes made)

{com}.         replace decade=8 if year>=2010 & year<2020              
{txt}(824 real changes made)

{com}.         replace decade=9 if year>=2020  
{txt}(249 real changes made)

{com}.                 
.         *Collapsing data 
.         collapse (sum) firm_strict_count_start, by(decade vdem_autoc)
{txt}
{com}.         
.         *Identifying democracies
.         replace vdem_autoc=0 if vdem_autoc==.
{txt}(7 real changes made)

{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway  (
>                         connected firm_strict_count decade if vdem_autoc==1 & decade<9,
>                         lcolor(black)
>                         mlcolor(black)
>                         mfcolor(black)
>                         msize(*1.5)
>                         lpattern(solid)
>                         )                       
>                         , 
>                 ysize(1)
>                 xsize(1.25)                     
>                 yscale(range(0 7) noextend titlegap(+2))
>                 ylabel(0(100)500, angle(horizontal) nogrid ) 
>                 xscale(range(0.5 8.5) noextend titlegap(+3))            
>                 xlabel(1 `" "1940-" "1949 " "' 2 `" "1950-" "1959 " "' 3 `" "1960-" "1969 " "' 4 `" "1970-" "1979 " "'
>                            5 `" "1980-" "1989 " "' 6 `" "1990-" "1999 " "' 7 `" "2000-" "2009 " "' 8 `" "2010-" "2019 " "'
>                           , noticks labgap(+2))         
>                 xticks(1(1)8,tlength(*1))               
>                 ytitle("Number of contracts", size(*1))
>                 xtitle("Years", size(*1))
>                 legend(off)
>                 plotregion(lcolor(white)) 
>                 graphregion(color(white) lcolor(white) lalign(outside))                 
>         ;
{res}{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         graph export "$path\figure_1a.tif", as(tif) replace width(1500)         
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_1a.tif written in TIFF format)

{com}.         
.         *Restoring data
.         restore 
{txt}
{com}. 
.         
.         ****************************************************************************
.         *Figure 1 (b). Share of hiring autocracies by type
.         ****************************************************************************    
.         
.         *Preserving data
.         preserve        
{txt}
{com}.         
.         *Identifying PR using dictatorships
.         bys gwf_casename (year): egen regime_firm=max(bin_firm_strict_count_start)
{txt}
{com}.                 
.         *Collapsing data by dictatorship type 
.         collapse (max) regime_firm gwf_party gwf_military gwf_personal gwf_monarchy , by(gwf_casename)  
{txt}
{com}.         
.         *Identifying dictatorship types using PR firms 
.         gen party_firm=1    if regime_firm==1 & gwf_party==1
{txt}(366 missing values generated)

{com}.         gen military_firm=1 if regime_firm==1 & gwf_military==1
{txt}(382 missing values generated)

{com}.         gen personal_firm=1 if regime_firm==1 & gwf_personal==1         
{txt}(364 missing values generated)

{com}.         gen monarchy_firm=1 if regime_firm==1 & gwf_monarchy==1 
{txt}(414 missing values generated)

{com}.         
.         *Collapsing data by type
.         #delimit ;
{txt}delimiter now ;
{com}.         collapse (sum) party_firm 
>                                    military_firm 
>                                    personal_firm 
>                                    monarchy_firm 
>                                    gwf_party 
>                                    gwf_military 
>                                    gwf_personal 
>                                    gwf_monarchy
>                                    ;
{txt}
{com}.         #delimit cr                                
{txt}delimiter now cr
{com}.                                    
.         *Calculating totals                        
.         egen total_firm=rowtotal(party_firm military_firm personal_firm monarchy_firm)                     
{txt}
{com}.         egen gwf_total=rowtotal(gwf_party gwf_military gwf_personal gwf_monarchy)       
{txt}
{com}.         
.         *Calculating shares
.         foreach type in party military personal monarchy total {c -(}
{txt}  2{com}.                 gen share_`type'_firm=(`type'_firm/gwf_`type')*100
{txt}  3{com}.         {c )-}
{txt}
{com}.         
.         *Reshaping data
.         gen id=_n
{txt}
{com}.         reshape long share_@, i(id) j() string
{txt}(note: j = military_firm monarchy_firm party_firm personal_firm total_firm)

Data{col 36}wide{col 43}->{col 48}long
{hline 77}
Number of obs.                 {res}       1   {txt}->{res}       5
{txt}Number of variables            {res}      16   {txt}->{res}      13
{txt}j variable (5 values)                     ->   {res}_j
{txt}xij variables:
{res}share_military_firm share_monarchy_firm ... share_total_firm{txt}->{res}share_
{txt}{hline 77}

{com}.         rename share_ share
{res}{txt}
{com}.         
.         *Generating x-axis
.         gen xaxis=0 if _j=="total_firm"
{txt}(4 missing values generated)

{com}.         sort xaxis share
{txt}
{com}.         replace xaxis=_n if xaxis==.
{txt}(4 real changes made)

{com}.                                         
.         *Graph
.         #delimit ;      
{txt}delimiter now ;
{com}.         twoway (dropline share xaxis if xaxis==0, lwidth(*.5) msize(*1.4) lcolor(black) mcolor(black))
>                    (dropline share xaxis if xaxis>0, lwidth(*.5) msize(*1.4) lcolor(gs8) mlcolor(gs8) mfcolor(white))
>                         , 
>                         yscale(range(0 100) noextend titlegap(*10))
>                         xscale(range(-.75 4.25) noextend titlegap(*10))
>                         ylabel(0(20)100, angle(horizontal) nogrid)
>                         xlabel(0 "Autocracies" 2 "Personal" 3 "Military" 4 "Party" 5 "Monarchy", labgap(*2.5) angle(45))
>                         ytitle("Share of regimes using firms (%)")                                              
>                         xtitle("")
>                         xline(1, lcolor(black) lpattern(dot))
>                         graphregion(color(white) lcolor(white) lalign(outside)  margin(r=30 l=30))                      
>                         legend(off)
>         ;
{res}{txt}
{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         graph export "$path\figure_1b.tif", as(tif) replace width(1500)                 
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_1b.tif written in TIFF format)

{com}.         
.         *Restoring data
.         restore                 
{txt}
{com}.                                 
.                 
.         ****************************************************************************
.         *Figure 2. Hiring of US-based PR firms by different dictatorships
.         ****************************************************************************                    
.                 
.         *Preserving data
.         preserve        
{txt}
{com}.                         
.         *Identifying first obs in each spell
.         bys cowcode (year): gen fear_spell_start=1 if fear==1 & fear[_n-1]!=1   
{txt}(8,313 missing values generated)

{com}.         bys cowcode (year): gen spin_spell_start=1 if spin==1 & spin[_n-1]!=1   
{txt}(8,352 missing values generated)

{com}.         
.         *Giving each first obs a unique number
.         egen id_fear_spell_start = group(cowcode fear_spell_start year)
{txt}(8313 missing values generated)

{com}.         egen id_spin_spell_start = group(cowcode spin_spell_start year)
{txt}(8352 missing values generated)

{com}.         
.         *Filling down number till end of spell
.         gen id_fear_spell = id_fear_spell_start
{txt}(8,313 missing values generated)

{com}.         bys cowcode (year): replace id_fear_spell = id_fear_spell[_n-1] if fear==1 & fear[_n-1]==1      
{txt}(1,926 real changes made)

{com}.         
.         gen id_spin_spell = id_spin_spell_start
{txt}(8,352 missing values generated)

{com}.         bys cowcode (year): replace id_spin_spell = id_spin_spell[_n-1] if spin==1 & spin[_n-1]==1
{txt}(757 real changes made)

{com}.         
.         *Identifying PR using dictatorships
.         bys id_fear_spell (year): egen fear_firm=max(bin_firm_strict_count_start)
{txt}
{com}.         bys id_spin_spell (year): egen spin_firm=max(bin_firm_strict_count_start)       
{txt}
{com}.         
.         *Collapsing data by dictatorship type 
.         collapse (max) fear_firm spin_firm spin fear, by(id_fear_spell id_spin_spell)   
{txt}
{com}.         
.         *Deleting irrelevant regimes
.         drop if id_fear_spell==. & id_spin_spell==.
{txt}(1 observation deleted)

{com}.         
.         *Recoding firm numbers to missing for other regime type
.         replace fear_firm=. if id_fear_spell==.
{txt}(75 real changes made, 75 to missing)

{com}.         replace spin_firm=. if id_spin_spell==.
{txt}(114 real changes made, 114 to missing)

{com}.         
.         *Collapsing data by dictatorship type
.         #delimit ;
{txt}delimiter now ;
{com}.         collapse (sum) fear_firm
>                                    spin_firm
>                                    fear
>                                    spin                            
>                                    ;
{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         
.         *Calculating shares 
.         foreach type in spin fear {c -(}
{txt}  2{com}.                 gen share_`type'_firm=(`type'_firm/`type')*100
{txt}  3{com}.         {c )-}
{txt}
{com}.         
.         *Reshaping data
.         gen id=_n
{txt}
{com}.         reshape long share_@, i(id) j() string
{txt}(note: j = fear_firm spin_firm)

Data{col 36}wide{col 43}->{col 48}long
{hline 77}
Number of obs.                 {res}       1   {txt}->{res}       2
{txt}Number of variables            {res}       7   {txt}->{res}       7
{txt}j variable (2 values)                     ->   {res}_j
{txt}xij variables:
        {res}share_fear_firm share_spin_firm   {txt}->   {res}share_
{txt}{hline 77}

{com}.         rename share_ share
{res}{txt}
{com}.         
.         *Generating xaxis
.         sort share
{txt}
{com}.         gen xaxis=_n if share!=.
{txt}
{com}.         
.         *Graph
.         #delimit ;      
{txt}delimiter now ;
{com}.         twoway (dropline share xaxis, lwidth(*.5) msize(*1.4) lcolor(black) mcolor(black))
>                         , 
>                         yscale(range(0 100) noextend titlegap(*10))
>                         xscale(range(.75 2.25) noextend titlegap(*10))
>                         ylabel(0(20)100, angle(horizontal) nogrid)
>                         xlabel(1 "Spin" 2 "Fear", labgap(*2.5))
>                         ytitle("Share of dictatorships using firms (%)")                                                
>                         xtitle("")
>                         graphregion(color(white) lcolor(white) lalign(outside)  margin(r=40 l=40))                      
>                         legend(off)
>         ;
{res}{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         graph export "$path\figure_2.tif", as(tif) replace width(1500)  
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_2.tif written in TIFF format)

{com}.                 
.         *Restoring data
.         restore                                 
{txt}
{com}.                                 
.         
.         ****************************************************************************
.         *Figure 4. Distribution of the dependent variable
.         ****************************************************************************            
.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         hist firm_strict_count_start if vdem_autoc==1,
>                  disc
>                  barwidth(.75)
>                  lcolor(black)
>                  lwidth(*.5)
>                  lalign(center)
>                  fcolor(gs12)
>              ysize(1)
>                  xsize(1.2)
>                  yscale(range( ) noextend titlegap(+2))
>                  xscale(range(0 15) noextend titlegap(+2))               
>                  ylabel(, angle(horizontal) nogrid ) 
>                  xlabel(0(5)15)          
>                  xtitle("Number of contracts initiated")
>                  graphregion(color(white) lcolor(white) lalign(outside) )                       
>         ;
{txt}(start={res}0{txt}, width={res}1{txt})
{res}{txt}
{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         graph export "$path\figure_4.tif", as(tif) replace width(1500)          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_4.tif written in TIFF format)

{com}.                 
.         
.         ****************************************************************************
.         *Figure 5. Substantive effects on the use of PR firms by dictatorships
.         ****************************************************************************            
.                 
.         #delimit ;
{txt}delimiter now ;
{com}.                 //Saving model to local
>         local model_5=
>         "       
>         xtreg ln_firm_strict_count_start 
>                 c.l_rep_score
>                 c.l_v2x_corr            
>                 i.tournament
>                 c.l_cw_loint
>                 i.l_bin_coup_suc                
>                 i.new_uspres
>                 i.cubancrisis 
>                 i.coldwarend    
>                 i.waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         "
>         ;
{txt}
{com}.                 //Running model
>         `model_5';
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0159{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0656{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0230{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     5.85
{txt}corr(u_i, Xb){col 16}= {res}-0.0070{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 82:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 18}{c |}{col 30}    Robust
{col 1}ln_firm_stric~rt{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}l_rep_score {c |}{col 18}{res}{space 2} .0364469{col 30}{space 2}  .014204{col 41}{space 1}    2.57{col 50}{space 3}0.011{col 58}{space 4} .0083765{col 71}{space 3} .0645173
{txt}{space 6}l_v2x_corr {c |}{col 18}{res}{space 2} .0552031{col 30}{space 2} .0686119{col 41}{space 1}    0.80{col 50}{space 3}0.422{col 58}{space 4}-.0803901{col 71}{space 3} .1907962
{txt}{space 4}1.tournament {c |}{col 18}{res}{space 2} .2172239{col 30}{space 2} .0781626{col 41}{space 1}    2.78{col 50}{space 3}0.006{col 58}{space 4} .0627564{col 71}{space 3} .3716913
{txt}{space 6}l_cw_loint {c |}{col 18}{res}{space 2} .0487373{col 30}{space 2} .0225216{col 41}{space 1}    2.16{col 50}{space 3}0.032{col 58}{space 4} .0042293{col 71}{space 3} .0932452
{txt}1.l_bin_coup_suc {c |}{col 18}{res}{space 2}  .072326{col 30}{space 2} .0303442{col 41}{space 1}    2.38{col 50}{space 3}0.018{col 58}{space 4} .0123588{col 71}{space 3} .1322933
{txt}{space 4}1.new_uspres {c |}{col 18}{res}{space 2} .0051921{col 30}{space 2}  .012536{col 41}{space 1}    0.41{col 50}{space 3}0.679{col 58}{space 4}-.0195819{col 71}{space 3} .0299661
{txt}{space 3}1.cubancrisis {c |}{col 18}{res}{space 2} .0071792{col 30}{space 2} .0318099{col 41}{space 1}    0.23{col 50}{space 3}0.822{col 58}{space 4}-.0556846{col 71}{space 3}  .070043
{txt}{space 4}1.coldwarend {c |}{col 18}{res}{space 2} .0854429{col 30}{space 2} .0322419{col 41}{space 1}    2.65{col 50}{space 3}0.009{col 58}{space 4} .0217253{col 71}{space 3} .1491604
{txt}{space 3}1.waronterror {c |}{col 18}{res}{space 2} .0625778{col 30}{space 2} .0288068{col 41}{space 1}    2.17{col 50}{space 3}0.031{col 58}{space 4} .0056488{col 71}{space 3} .1195069
{txt}{space 11}_cons {c |}{col 18}{res}{space 2}-.0405832{col 30}{space 2} .0918694{col 41}{space 1}   -0.44{col 50}{space 3}0.659{col 58}{space 4}-.2221385{col 71}{space 3} .1409722
{txt}{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
         sigma_u {c |} {res} .18511016
         {txt}sigma_e {c |} {res} .39330158
             {txt}rho {c |} {res} .18134653{txt}   (fraction of variance due to u_i)
{hline 17}{c BT}{hline 64}

{com}.                         //Calculating and storing effects
>         margins, dydx(
>                                 tournament
>                                 l_rep_score
>                                 l_v2x_corr
>                                 l_cw_loint
>                                 l_bin_coup_suc          
>                                 new_uspres
>                                 cubancrisis 
>                                 coldwarend      
>                                 waronterror                      
>                          )
>                          at((asobserved) _all)           
>                          level(95) 
>                          post;
{res}
{txt}Average marginal effects{col 49}Number of obs{col 67}= {res}     6,396
{txt}{col 1}Model VCE{col 14}: {res}Robust

{txt}{p2colset 1 14 16 2}{...}
{p2col:Expression}:{space 1}{res:Linear prediction, predict()}{p_end}
{p2colreset}{...}
{txt}{p2colset 1 14 16 2}{...}
{p2col:dy/dx w.r.t.}:{space 1}{res:l_rep_score l_v2x_corr 1.tournament l_cw_loint 1.l_bin_coup_suc 1.new_uspres 1.cubancrisis 1.coldwarend 1.waronterror}{p_end}
{p2colreset}{...}

{res}{txt}{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 18}{c |}{col 30} Delta-method
{col 18}{c |}      dy/dx{col 30}   Std. Err.{col 42}      z{col 50}   P>|z|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}l_rep_score {c |}{col 18}{res}{space 2} .0364469{col 30}{space 2}  .014204{col 41}{space 1}    2.57{col 50}{space 3}0.010{col 58}{space 4} .0086076{col 71}{space 3} .0642862
{txt}{space 6}l_v2x_corr {c |}{col 18}{res}{space 2} .0552031{col 30}{space 2} .0686119{col 41}{space 1}    0.80{col 50}{space 3}0.421{col 58}{space 4}-.0792738{col 71}{space 3} .1896799
{txt}{space 4}1.tournament {c |}{col 18}{res}{space 2} .2172239{col 30}{space 2} .0781626{col 41}{space 1}    2.78{col 50}{space 3}0.005{col 58}{space 4} .0640281{col 71}{space 3} .3704196
{txt}{space 6}l_cw_loint {c |}{col 18}{res}{space 2} .0487373{col 30}{space 2} .0225216{col 41}{space 1}    2.16{col 50}{space 3}0.030{col 58}{space 4} .0045957{col 71}{space 3} .0928788
{txt}1.l_bin_coup_suc {c |}{col 18}{res}{space 2}  .072326{col 30}{space 2} .0303442{col 41}{space 1}    2.38{col 50}{space 3}0.017{col 58}{space 4} .0128524{col 71}{space 3} .1317996
{txt}{space 4}1.new_uspres {c |}{col 18}{res}{space 2} .0051921{col 30}{space 2}  .012536{col 41}{space 1}    0.41{col 50}{space 3}0.679{col 58}{space 4} -.019378{col 71}{space 3} .0297621
{txt}{space 3}1.cubancrisis {c |}{col 18}{res}{space 2} .0071792{col 30}{space 2} .0318099{col 41}{space 1}    0.23{col 50}{space 3}0.821{col 58}{space 4}-.0551671{col 71}{space 3} .0695255
{txt}{space 4}1.coldwarend {c |}{col 18}{res}{space 2} .0854429{col 30}{space 2} .0322419{col 41}{space 1}    2.65{col 50}{space 3}0.008{col 58}{space 4} .0222499{col 71}{space 3} .1486358
{txt}{space 3}1.waronterror {c |}{col 18}{res}{space 2} .0625778{col 30}{space 2} .0288068{col 41}{space 1}    2.17{col 50}{space 3}0.030{col 58}{space 4} .0061175{col 71}{space 3} .1190382
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{p 0 6 0 82}Note: dy/dx for factor levels is the discrete change from the base level.{txt}{p_end}
{res}{txt}
{com}.         parmest, saving("$path\figure_5.dta", replace) format(estimate min95 max95);
{txt}file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_5.dta saved

{com}.                 #delimit cr                     
{txt}delimiter now cr
{com}.                 
.         *Loading effects data
.         use "$path\figure_5.dta", clear 
{txt}
{com}.         
.         *Dropping irrelevant variables
.         drop if regexm(parm, "^0")
{txt}(6 observations deleted)

{com}.         
.         *Ordering variables
.         count
  {res}9
{txt}
{com}.         gen var_ord=(r(N)+1)-_n
{txt}
{com}.         
.         *Identifying logics
.         gen logic = .
{txt}(9 missing values generated)

{com}.         replace logic = 1 if regexm(parm, "reprss") | regexm(parm, "corr")      
{txt}(1 real change made)

{com}.         replace logic = 2 if regexm(parm, "tour")
{txt}(1 real change made)

{com}.         replace logic = 3 if regexm(parm, "cw") | regexm(parm, "coup")
{txt}(2 real changes made)

{com}.         replace logic = 4 if regexm(parm, "new") | regexm(parm, "cuba") | regexm(parm, "cold") | regexm(parm, "war")
{txt}(4 real changes made)

{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway (rspike min95 max95 var_ord, horizontal
>                         lcolor(black)
>                         )
>                         (scatter var_ord estimate,
>                         mcolor(black)
>                         msize(*1.2)
>                         )
>                         ,
>                         ysize(1)
>                         xsize(1.6)                      
>                         yscale(range(0.5 9.25) noextend titlegap(*+5))
>                         xscale(range(-.4 .4) noextend titlegap(*+7))
>                         ylabel(
>                                 9       "Repression"
>                                 8       "Corruption"
>                                 7       "Sports tournament"     
>                                 6       "Civil war"
>                                 5       "Successful coup"
>                                 4       "New US president"
>                                 3       "Cuba problem"
>                                 2       "Cold War end"
>                                 1       "War on Terror start"                   
>                                 , angle(horizontal) nogrid labgap(+1.5))
>                         xlabel(-.4(.2).4)
>                         ytitle("")
>                         xtitle("Marginal effect on number of contracts (log)")
>                         graphregion(color(white) lcolor(white) lalign(outside) margin(r=+25))                   
>                         xline(0, lpattern(dot) lcolor(black))
>                         yline(4.5 6.5 7.5, lpattern(solid) lcolor(gs10) lwidth(*.5))
>                         legend(off)
>                         text(8.5 .55 "{c -(}it{c )-}Countering" "{c -(}it{c )-}Criticism", orientation(horizontal))
>                         text(7 .55 "{c -(}it{c )-}Maximizing" "{c -(}it{c )-}Publicity", orientation(horizontal))
>                         text(5.5 .55 "{c -(}it{c )-}Stabilizing" "{c -(}it{c )-}Support", orientation(horizontal))
>                         text(2.5 .55 "{c -(}it{c )-}Signaling" "{c -(}it{c )-}Allegiance", orientation(horizontal))
>                         ;
{res}{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         graph export "$path\figure_5.tif", as(tif) replace width(1500)          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_5.tif written in TIFF format)

{com}.         
.                 
.         ****************************************************************************
.         *Figure 6. Countering criticism in the case of Togo
.         ****************************************************************************    
.         
.         *Loading data
.         use "$path\replication_data_analysis.dta", clear        
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Analysis Dataset)

{com}.         
.         *Preserving data
.         preserve
{txt}
{com}.         
.         *Keeping only observations for Togo
.         keep if id_autoc_spell==121
{txt}(8,358 observations deleted)

{com}.                 
.         *Generating bars for plotting           
.         sum firm_strict_count_start if id_autoc_spell==121

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
firm_stric~t {c |}{res}         69    .2173913    .5654141          0          3
{txt}
{com}.         gen rep_bar=r(max)+1 if id_autoc_spell==121     
{txt}
{com}. 
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway  (spike firm_strict_count_start year if id_autoc_spell==121 & (year>=1967 & year<=2013), 
>                         lcolor(black) lpattern(solid) lwidth(*1.5) yaxis(1))
>                    (connected rep_score year if id_autoc_spell==121  & (year>=1967 & year<=2013), 
>                         lcolor(black) mlcolor(black) mfcolor(white) lpattern(shortdash) yaxis(2)) 
>                    
>                    (scatteri 8.1 2013 8.1 2005.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))
>                    (scatteri 8.1 2005.2 8.0 2005.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))
>                    (scatteri 8.1 2013 8.0 2013, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))            
>                    
>                    (scatteri 8.1 1967 8.1 2004.8, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))
>                    (scatteri 8.1 1967 8.0 1967, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))
>                    (scatteri 8.1 2004.8 8.0 2004.8, recast(line) lcolor(black) lwidth(medium) lwidth(*.5) yaxis(2))                        
>                    , 
>                    ysize(1)
>                    xsize(1.35)
>                    yscale(range() noextend titlegap(*10) axis(1))
>                    yscale(range(3 7) noextend titlegap(*10) axis(2))               
>                    xscale(range(1970 2013) noextend titlegap(*10))                 
>                    ytitle("Number of PR firm contracts initiated", axis(1))
>                    ytitle("Repression", axis(2))                   
>                    xtitle("Year")
>                    ylabel(0(1)4, angle(horizontal) nogrid axis(1))
>                    ylabel(3(1)8, angle(horizontal) nogrid axis(2))
>                    xlabel(1970(10)2010)
>                    xtick(1965(5)2015, tlength(*.5))
>                    legend(off)
>                    graphregion(color(white) lcolor(white) lalign(outside) margin(t=+2.5))
>                    text(8.4 1987 "Gnassingbé" "Eyadéma", size(*.8) placement(c) yaxis(2))                
>                    text(8.4 2009 "Faure" "Gnassingbé", size(*.8) placement(c) yaxis(2))        
>                    ;
{res}{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         graph export "$path\figure_6.tif", as(tif) replace width(1500)  
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_6.tif written in TIFF format)

{com}.         
.         *Restoring data
.         restore
{txt}
{com}.                 
.                 
.         ****************************************************************************
.         *Figure 7. Maximizing publicity in the case of Qatar
.         ****************************************************************************                                    
.         
.         *Preserving data
.         preserve        
{txt}
{com}.         
.         *Keeping only observations for Qatar
.         keep if id_autoc_spell==189
{txt}(8,349 observations deleted)

{com}.         
.         *Generating bars for plotting
.         sum firm_strict_count_start if id_autoc_spell==189

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
firm_stric~t {c |}{res}         78    .9871795    2.655519          0         15
{txt}
{com}.         gen tournament_bar=r(max)+1 if tournament==1 & id_autoc_spell==189      
{txt}(73 missing values generated)

{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway (spike tournament_bar year if id_autoc_spell==189 & year>=1970, 
>                         lcolor(gs14) lwidth(*8)) 
>                    (spike firm_strict_count_start year if id_autoc_spell==189 & tournament!=. & year>=1970, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))
>                    (spike firm_strict_count_start year if id_autoc_spell==189 & tournament==1 & year>=1970, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))
>                    
>                    (scatteri 16.0 1972 16.0 1995.3, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 1972 16.0 1972, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 1995.3 16.0 1995.3, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))               
>                    
>                    (scatteri 16.0 1995.6 16.0 2013.3, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 2013.3 16.0 2013.3, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 1995.6 16.0 1995.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))    
> 
>                    (scatteri 16.0 2013.6 16.0 2022.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 2022.6 16.0 2022.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 15.5 2013.6 16.0 2013.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                       
>                    , 
>                    ysize(1)
>                    xsize(1.25)
>                    yscale(range(0 16) noextend titlegap(*10))   
>                    xscale(range(1970 2020) noextend titlegap(*10))                 
>                    ytitle("Number of PR firm contracts initiated")
>                    xtitle("Year")
>                    ylabel(0(5)15, angle(horizontal) nogrid)
>                    xlabel(1970(10)2020)
>                    xtick(1970(5)2020, tlength(*.5))
>                    legend(off)
>                    graphregion(color(white) lcolor(white) lalign(outside) margin(t=+2.5))
>                    text(16.8 1985 "Khalifa bin Hamad" "Al Thani",size(*.8) placement(c))                   
>                    text(16.8 2004 "Hamad bin Khalifa" "Al Thani",size(*.8) placement(c))        
>                    text(16.8 2018 "Tamim bin Hamad" "Al Thani",size(*.8) placement(c))
>                    ;
{res}{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         graph export "$path\figure_7.tif", as(tif) replace width(1500)  
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_7.tif written in TIFF format)

{com}.         
.         *Restoring data
.         restore 
{txt}
{com}.         
.         
.         ****************************************************************************
.         *Figure 8. Stabilizing support in the case of the Philippines
.         ****************************************************************************    
.                 
.         *Preserving data
.         preserve        
{txt}
{com}.         
.         *Keeping only observations for Philippines
.         keep if id_autoc_spell==229
{txt}(8,384 observations deleted)

{com}.                                 
.         *Generating bars for plotting
.         sum firm_strict_count_start if id_autoc_spell==229

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
firm_stric~t {c |}{res}         43    .7906977    1.186394          0          6
{txt}
{com}.         gen coup_bar=r(max)+1 if bin_coup_suc==1 & id_autoc_spell==229  
{txt}(42 missing values generated)

{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway (spike coup_bar year if id_autoc_spell==229 & year>=1950, 
>                          lcolor(gs14) lwidth(*9)) 
>                    (spike firm_strict_count_start year if id_autoc_spell==229 & bin_coup_suc!=1 & year>=1950, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))
>                    (spike firm_strict_count_start year if id_autoc_spell==229 & bin_coup_suc==1 & year>=1950, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))
>                    (spike firm_strict_count_start year if id_autoc_spell==229 & year>=1950, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))            
>                    
>                    (scatteri 7.0 1954 7.0 1957.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1954 6.75 1954, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1957.2 6.75 1957.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                
> 
>                    (scatteri 7.0 1961.9 7.0 1957.4, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1961.9 6.75 1961.9, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1957.4 6.75 1957.4, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                
> 
>                    (scatteri 7.0 1965.9 7.0 1962.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1962.2 6.75 1962.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1965.9 6.75 1965.9, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                        
> 
>                    (scatteri 7.0 1966.1 7.0 1986.4, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1986.4 6.75 1986.4, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1966.1 6.75 1966.1, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))             
> 
>                    (scatteri 7.0 1987.4 7.0 1986.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1986.6 6.75 1986.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 7.0 1987.4 6.75 1987.4, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                                
>                    , 
>                    ysize(1)
>                    xsize(1.25)
>                    yscale(range(0 7) noextend titlegap(*10))   
>                    xscale(range() noextend titlegap(*10))                  
>                    ytitle("Number of PR firm contracts initiated")
>                    xtitle("Year")
>                    ylabel(0(2)6, angle(horizontal) nogrid)
>                    xlabel(1950(10)1990)
>                    xtick(1950(5)1990, tlength(*.5))
>                    legend(off)
>                    graphregion(color(white) lcolor(white) lalign(outside) margin(t=+2.5))
> 
>                    text(7.4 1954.5 "Ramon" "Magsaysay",size(*.8) placement(c))                             
>                    text(7.4 1959.5 "Carlos P." "Garcia",size(*.8) placement(c))                    
>                    text(7.4 1964.5 "Diosdado" "Macapagal",size(*.8) placement(c))                  
>                    text(7.4 1975.5 "Ferdinand" "Marcos",size(*.8) placement(c)) 
>                    text(7.4 1987 "Corazon" "Aquino",size(*.8) placement(c))                
>                    ;
{res}{txt}
{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         graph export "$path\figure_8.tif", as(tif) replace width(1500)          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_8.tif written in TIFF format)

{com}.                 
.         *Restoring data
.         restore 
{txt}
{com}.         
.         
.         ****************************************************************************
.         *Figure 9. Signaling allegiance in the case of the Democratic Republic of Congo
.         ****************************************************************************            
.         
.         *Preserving data
.         preserve        
{txt}
{com}.         
.         *Keeping only observations for DRC
.         keep if id_autoc_spell==130             
{txt}(8,349 observations deleted)

{com}. 
.         *Generating bars for plotting
.         sum firm_strict_count_start if id_autoc_spell==130

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
firm_stric~t {c |}{res}         78    .7307692    1.158515          0          5
{txt}
{com}.         gen coldwar_bar_drc=r(max)+1 if coldwarend==1 & id_autoc_spell==130             
{txt}(75 missing values generated)

{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway (spike coldwar_bar_drc year if id_autoc_spell==130 & year>=1960,
>                         lcolor(gs14) lwidth(*7)) 
>                    (spike firm_strict_count_start year if id_autoc_spell==130 & year>=1960, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))
>                    (spike firm_strict_count_start year if id_autoc_spell==130 & year>=1960, 
>                     lcolor(black) lpattern(solid) lwidth(*1.5))                    
>                    
>                    (scatteri 6.0 1960 6.0 1965.8, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 1965.8 5.8 1965.8, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 1960 5.8 1960, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))  
> 
>                    (scatteri 6.0 1966.2 6.0 1997.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 1966.2 5.8 1966.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 1997.2 5.8 1997.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                 
> 
>                    (scatteri 6.0 2000.8 6.0 1997.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 1997.6 5.8 1997.6, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 2000.8 5.8 2000.8, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                                 
>                    
>                    (scatteri 6.0 2001.2 6.0 2019, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 2001.2 5.8 2001.2, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))
>                    (scatteri 6.0 2019 5.8 2019, recast(line) lcolor(black) lwidth(medium) lwidth(*.5))                             
>                                    
>                    , 
>                    ysize(1)
>                    xsize(1.25)
>                    yscale(range(0 6) noextend titlegap(*10))   
>                    xscale(range(1960 2020) noextend titlegap(*10))                 
>                    ytitle("Number of PR firm contracts initiated")
>                    xtitle("Year")
>                    ylabel(0(2)6, angle(horizontal) nogrid)
>                    xlabel(1960(10)2020)
>                    xtick(1960(5)2020, tlength(*.5))
>                    legend(off)
>                    graphregion(color(white) lcolor(white) lalign(outside) margin(t=+2.5))          
>                    text(6.3 1963 "Joseph" "Kasa-Vubu",size(*.8) placement(c))                              
>                    text(6.3 1981 "Mobutu Sese" "Seko",size(*.8) placement(c))                      
>                    text(6.3 1999.5 "Laurent-Désiré" "Kabila",size(*.8) placement(c))             
>                    text(6.3 2010 "Joseph" "Kabila",size(*.8) placement(c))      
>                    ;
{res}{txt}
{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         graph export "$path\figure_9.tif", as(tif) replace width(1500)          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_9.tif written in TIFF format)

{com}.                         
.         
.         ****************************************************************************
.         *Figure 10. Variation across PR-using dictators
.         ****************************************************************************            
.         
.         *Loading data
.         use "$path\replication_data_figure_10.dta", clear               
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Dataset Figure 10)

{com}.                 
.         *Graph
.         #delimit ;      
{txt}delimiter now ;
{com}.         twoway (dropline firms yaxis, horizontal lwidth(*.25) msize(*1.4) lcolor(black) mcolor(black))
>                         , 
>                         ysize(1)
>                         xsize(1.3)
>                         yscale(range(.25 14) noline titlegap(*10) reverse)
>                         xscale(range() noextend titlegap(*10))
>                         ylabel(
>                                         1 "Mobutu Sese Seko (Zaire)"
>                                         2 "José Eduardo dos Santos (Angola)"
>                                         3 "Omar Bongo (Gabon)"
>                                         4 "Leonid Brezhnev (Soviet Union)"
>                                         5 "Chiang Ching-kuo (Taiwan)"
>                                         6 "Francisco Franco (Spain)"
>                                         8 "Nursultan Nazarbayev (Kazakhstan)"
>                                         9 "Mohammad Reza Pahlavi (Iran)"
>                                         10 "Augusto Pinochet (Chile)"
>                                         11 "Fidel Castro (Cuba)"
>                                         12 "Saddam Hussein (Iraq)"
>                                         13 "Robert Mugabe (Zimbabwe)"
>                                         , notick labgap(*2) angle(horizontal) nogrid
>                         )
>                         xlabel(0(10)30)
>                         ytitle("")                                              
>                         xtitle("Number of contracts")
>                         yline(7, lcolor(black) lpattern(dot))
>                         graphregion(color(white) lcolor(white) lalign(outside)  margin(r=2 l=-7))                       
>                         legend(off)
>         ;
{res}{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         graph export "$path\figure_10.tif", as(tif) replace width(1500) 
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_10.tif written in TIFF format)

{com}.                         
.         *Restoring 
.         restore         
{txt}
{com}.                 
.         
.         ****************************************************************************
.         *Figure 11. Firms most heavily utilized by dictatorships
.         ****************************************************************************            
.         
.         *Loading data
.         use "$path\replication_data_figure_11.dta", clear                               
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Dataset Figure 11)

{com}.                 
.         *Graph
.         #delimit ;      
{txt}delimiter now ;
{com}.         twoway (dropline contracts yaxis, horizontal lwidth(*.25) msize(*1.4) lcolor(black) mcolor(black))
>                         , 
>                         ysize(1)
>                         xsize(1.4)
>                         yscale(range(.25 20.5) noline titlegap(*10) reverse)
>                         xscale(range() noextend titlegap(*10))
>                         ylabel(1(1)20, valuelabel  notick labgap(*2) angle(horizontal) nogrid
>                         )
>                         xlabel(0(10)50)
>                         ytitle("")                                              
>                         xtitle("Number of contracts")
>                         graphregion(color(white) lcolor(white) lalign(outside)  margin(r=2 l=-7))                       
>                         legend(off)
>         ;
{res}{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         graph export "$path\figure_11.tif", as(tif) replace width(1500)                 
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_11.tif written in TIFF format)

{com}.                 
.         
.         
. ********************************************************************************
. *
. * Figures in appendix
. *
. ********************************************************************************                
.         
.         ****************************************************************************
.         *Figure A.1.1. PR firm usage over time (GWF regime types)
.         ****************************************************************************    
.         
.         *Loading data
.         use "$path\replication_data_analysis.dta", clear                
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Analysis Dataset)

{com}.         
.         *Preserving data
.         preserve
{txt}
{com}.                 
.         *Identifying authoritarian regimes using PR firms 
.         gen party_firm=1 if bin_firm_strict_count==1 & gwf_party==1
{txt}(7,723 missing values generated)

{com}.         gen military_firm=1 if bin_firm_strict_count==1 & gwf_military==1
{txt}(8,169 missing values generated)

{com}.         gen personal_firm=1 if bin_firm_strict_count==1 & gwf_personal==1               
{txt}(7,984 missing values generated)

{com}.         gen monarchy_firm=1 if bin_firm_strict_count==1 & gwf_monarchy==1               
{txt}(8,213 missing values generated)

{com}.                 
.         *Collapsing data 
.         #delimit ;
{txt}delimiter now ;
{com}.         collapse (sum) party_firm 
>                                    military_firm 
>                                    personal_firm 
>                                    monarchy_firm 
>                                    gwf_party 
>                                    gwf_military 
>                                    gwf_personal 
>                                    gwf_monarchy 
>                                    , by(year)   
>                                    ;
{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Generating complete time-series
.         drop if year>2010 | year<1946
{txt}(13 observations deleted)

{com}.         
.         *Calculating shares
.         foreach type in party military personal monarchy {c -(}
{txt}  2{com}.                 gen share_`type'_firm=(`type'_firm/gwf_`type')*100
{txt}  3{com}.         {c )-}
{txt}
{com}.                 
.         *Reshaping data
.         reshape long share_@, i(year) j(type) string
{txt}(note: j = military_firm monarchy_firm party_firm personal_firm)

Data{col 36}wide{col 43}->{col 48}long
{hline 77}
Number of obs.                 {res}      65   {txt}->{res}     260
{txt}Number of variables            {res}      13   {txt}->{res}      11
{txt}j variable (4 values)                     ->   {res}type
{txt}xij variables:
{res}share_military_firm share_monarchy_firm ... share_personal_firm{txt}->{res}share_
{txt}{hline 77}

{com}.         sort type year
{txt}
{com}.         rename share_ share
{res}{txt}
{com}.         gen type_num=.
{txt}(260 missing values generated)

{com}.         replace type_num=1 if regexm(type, "party")
{txt}(65 real changes made)

{com}.         replace type_num=2 if regexm(type, "personal")
{txt}(65 real changes made)

{com}.         replace type_num=3 if regexm(type, "military")
{txt}(65 real changes made)

{com}.         replace type_num=4 if regexm(type, "monarchy")
{txt}(65 real changes made)

{com}.         
.         label define type 1 "Party" 2 "Personal" 3 "Military" 4 "Monarchy"
{txt}
{com}.         label values type_num type
{txt}
{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway  (scatter share year, color(gs13%50))
>                         (lpoly share year,
>                         bwidth(2)
>                         lcolor(black)
>                         lwidth(*1.5))
>                         , 
>                         by(type_num, note("")
>                                 plotregion(lcolor(white)) 
>                                 graphregion(color(white) lcolor(white) lalign(outside))
>                             legend(off) 
>                 )
>                 ysize(1)
>                 xsize(1.25)                     
>                 yscale(range(0 100) noextend titlegap(+2))
>                 ylabel(0(25)100, angle(horizontal) nogrid ) 
>                 xscale(range( ) noextend titlegap(+3))          
>                 xlabel(1950(10)2010, noticks)           
>                 xticks(1950(10)2010,tlength(*1))                
>                 ytitle("Share of autocracies using firms (%)", size(*1))
>                 xtitle("         Year", size(*1))
>                 subtitle( ,lcolor(black) bcolor(gs15) margin(t=1))
>         ;
{res}{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         graph export "$path\figure_a_1_1.pdf", as(pdf) replace                  
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_a_1_1.pdf written in PDF format)

{com}.                 
.         *Restoring data
.         restore                 
{txt}
{com}.                 
.         
.         ****************************************************************************
.         *Figure A.1.2. PR firm usage over time (GT regime types)
.         ****************************************************************************    
.                 
.         *Preserving data
.         preserve
{txt}
{com}.                 
.         *Identifying dictatorship types using PR firms 
.         gen spin_firm=1 if bin_firm_strict_count==1 & spin==1
{txt}(8,172 missing values generated)

{com}.         gen fear_firm=1 if bin_firm_strict_count==1 & fear==1           
{txt}(7,756 missing values generated)

{com}. 
.         *Collapsing data 
.         collapse (sum) spin_firm fear_firm spin fear, by(year)  
{txt}
{com}.         
.         *Calculating shares 
.         foreach type in spin fear {c -(}
{txt}  2{com}.                 gen share_`type'_firm=(`type'_firm/`type')*100
{txt}  3{com}.         {c )-}
{txt}(8 missing values generated)
(8 missing values generated)

{com}.         
.         *Reshaping data
.         reshape long share_@, i(year) j(type) string
{txt}(note: j = fear_firm spin_firm)

Data{col 36}wide{col 43}->{col 48}long
{hline 77}
Number of obs.                 {res}      78   {txt}->{res}     156
{txt}Number of variables            {res}       7   {txt}->{res}       7
{txt}j variable (2 values)                     ->   {res}type
{txt}xij variables:
        {res}share_fear_firm share_spin_firm   {txt}->   {res}share_
{txt}{hline 77}

{com}.         sort type year
{txt}
{com}.         rename share_ share
{res}{txt}
{com}.         gen type_num=.
{txt}(156 missing values generated)

{com}.         replace type_num=1 if regexm(type, "fear")
{txt}(78 real changes made)

{com}.         replace type_num=2 if regexm(type, "spin")
{txt}(78 real changes made)

{com}.         
.         label define type_gt 1 "Fear" 2 "Spin"
{txt}
{com}.         label values type_num type_gt
{txt}
{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         twoway  (scatter share year, color(gs13%50))
>                         (lpoly share year,
>                         bwidth(4)
>                         lcolor(black)
>                         lwidth(*1.5))
>                         , 
>                         by(type_num, note("")
>                                 plotregion(lcolor(white)) 
>                                 graphregion(color(white) lcolor(white) lalign(outside))
>                             legend(off)
>                                 iscale(*1.2) 
>                 )
>                 ysize(1)
>                 xsize(1.75)                     
>                 yscale(range(0 100) noextend titlegap(+2))
>                 ylabel(0(25)100, angle(horizontal) nogrid ) 
>                 xscale(range( ) noextend titlegap(+5))          
>                 xlabel(1950(10)2010, noticks labgap(+1)) //             
>                 xticks(1950(10)2010,tlength(*1))                
>                 ytitle("Share of dictatorship using firms (%)", size(*1.1))
>                 xtitle("   Year", size(*1.1))
>                 subtitle( ,lcolor(black) bcolor(gs15) margin(t=1))
>         ;
{res}{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         graph export "$path\figure_a_1_2.pdf", as(pdf) replace          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_a_1_2.pdf written in PDF format)

{com}.                 
.         *Restoring data
.         restore                         
{txt}
{com}.                 
.         
.         ****************************************************************************
.         *Figure A.1.3. Contract lengths
.         ****************************************************************************    
.                 
.         *Loading data
.         use "$path\replication_data_figure_a_1_3.dta", clear                    
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Dataset Figure A.1.3)

{com}.                 
.         *Inspecting average contract length
.         sum contract_dur

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
contract_dur {c |}{res}      2,768    2.976156    5.202875          0         49
{txt}
{com}.         
.         *Graph
.         #delimit ;
{txt}delimiter now ;
{com}.         hist contract_dur,
>                  lcolor(black)
>                  lwidth(*.5)
>                  lalign(center)
>                  fcolor(gs12)
>              ysize(1)
>                  xsize(1.2)
>                  yscale(range( ) noextend titlegap(+2))
>                  xscale(range(0 50) noextend titlegap(+2))               
>                  ylabel(, angle(horizontal) nogrid ) 
>                  xlabel(0(10)50)                 
>                  xtitle("Contract length (years)")
>                  graphregion(color(white) lcolor(white) lalign(outside) )                       
>         ;
{txt}(bin={res}34{txt}, start={res}0{txt}, width={res}1.4411765{txt})
{res}{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         graph export "$path\figure_a_1_3.pdf", as(pdf) replace                          
{txt}(file C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\figure_a_1_3.pdf written in PDF format)

{com}.                         
.         
.         
. ********************************************************************************
. *
. * Tables in manuscript
. *
. ********************************************************************************
.         
.         *Loading data
.         use "$path\replication_data_analysis.dta", clear                                
{txt}(Scharpf/Glaessel/Dukalskis, Security Studies, Replication Analysis Dataset)

{com}.         
.         ****************************************************************************
.         *Table 2. Linear fixed effects regression for hiring of PR firms
.         ****************************************************************************    
.                         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0071{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0658{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0156{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}2{txt},{res}147{txt}){col 67}={col 70}{res}     6.77
{txt}corr(u_i, Xb){col 16}= {res}-0.0220{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0015

{txt}{ralign 78:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2} .0476728{col 26}{space 2} .0136612{col 37}{space 1}    3.49{col 46}{space 3}0.001{col 54}{space 4}  .020675{col 67}{space 3} .0746706
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2} .0872306{col 26}{space 2} .0676988{col 37}{space 1}    1.29{col 46}{space 3}0.200{col 54}{space 4} -.046558{col 67}{space 3} .2210192
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.1018987{col 26}{space 2} .0905938{col 37}{space 1}   -1.12{col 46}{space 3}0.263{col 54}{space 4}-.2809332{col 67}{space 3} .0771359
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .18507854
     {txt}sigma_e {c |} {res} .39484465
         {txt}rho {c |} {res}  .1801363{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}. 
.         *Model 2 
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0035{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0284{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0078{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}1{txt},{res}164{txt}){col 67}={col 70}{res}     5.81
{txt}corr(u_i, Xb){col 16}= {res}0.0750{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0170

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2} .2233201{col 26}{space 2} .0926263{col 37}{space 1}    2.41{col 46}{space 3}0.017{col 54}{space 4} .0404264{col 67}{space 3} .4062139
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1879007{col 26}{space 2} .0009688{col 37}{space 1}  193.94{col 46}{space 3}0.000{col 54}{space 4} .1859877{col 67}{space 3} .1898138
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .22792351
     {txt}sigma_e {c |} {res} .36769192
         {txt}rho {c |} {res} .27758537{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3 
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0083{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0808{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0148{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}154{txt}){col 67}={col 70}{res}    16.68
{txt}corr(u_i, Xb){col 16}= {res}0.0519{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .1007573{col 28}{space 2} .0229101{col 39}{space 1}    4.40{col 48}{space 3}0.000{col 56}{space 4} .0554986{col 69}{space 3}  .146016
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2}  .074235{col 28}{space 2} .0301488{col 39}{space 1}    2.46{col 48}{space 3}0.015{col 56}{space 4} .0146764{col 69}{space 3} .1337936
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1750693{col 28}{space 2} .0036707{col 39}{space 1}   47.69{col 48}{space 3}0.000{col 56}{space 4} .1678178{col 69}{space 3} .1823208
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18170666
       {txt}sigma_e {c |} {res} .36930581
           {txt}rho {c |} {res} .19490268{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0045{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0008{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0037{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}4{txt},{res}164{txt}){col 67}={col 70}{res}     4.79
{txt}corr(u_i, Xb){col 16}= {res}-0.0000{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0011

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2} .0035654{col 26}{space 2} .0097723{col 37}{space 1}    0.36{col 46}{space 3}0.716{col 54}{space 4}-.0157304{col 67}{space 3} .0228611
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2}-.0102495{col 26}{space 2} .0194278{col 37}{space 1}   -0.53{col 46}{space 3}0.599{col 54}{space 4}-.0486103{col 67}{space 3} .0281114
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .0904593{col 26}{space 2}  .030643{col 37}{space 1}    2.95{col 46}{space 3}0.004{col 54}{space 4} .0299537{col 67}{space 3} .1509649
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2} .0906996{col 26}{space 2} .0282909{col 37}{space 1}    3.21{col 46}{space 3}0.002{col 54}{space 4} .0348382{col 67}{space 3}  .146561
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1830938{col 26}{space 2} .0025179{col 37}{space 1}   72.72{col 46}{space 3}0.000{col 54}{space 4}  .178122{col 67}{space 3} .1880656
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .22940691
     {txt}sigma_e {c |} {res} .36756592
         {txt}rho {c |} {res} .28033294{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0159{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0656{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0230{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     5.85
{txt}corr(u_i, Xb){col 16}= {res}-0.0070{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2172239{col 28}{space 2} .0781626{col 39}{space 1}    2.78{col 48}{space 3}0.006{col 56}{space 4} .0627564{col 69}{space 3} .3716913
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0364469{col 28}{space 2}  .014204{col 39}{space 1}    2.57{col 48}{space 3}0.011{col 56}{space 4} .0083765{col 69}{space 3} .0645173
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0552031{col 28}{space 2} .0686119{col 39}{space 1}    0.80{col 48}{space 3}0.422{col 56}{space 4}-.0803901{col 69}{space 3} .1907962
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0487373{col 28}{space 2} .0225216{col 39}{space 1}    2.16{col 48}{space 3}0.032{col 56}{space 4} .0042293{col 69}{space 3} .0932452
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2}  .072326{col 28}{space 2} .0303442{col 39}{space 1}    2.38{col 48}{space 3}0.018{col 56}{space 4} .0123588{col 69}{space 3} .1322933
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0051921{col 28}{space 2}  .012536{col 39}{space 1}    0.41{col 48}{space 3}0.679{col 56}{space 4}-.0195819{col 69}{space 3} .0299661
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0071792{col 28}{space 2} .0318099{col 39}{space 1}    0.23{col 48}{space 3}0.822{col 56}{space 4}-.0556846{col 69}{space 3}  .070043
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0854429{col 28}{space 2} .0322419{col 39}{space 1}    2.65{col 48}{space 3}0.009{col 56}{space 4} .0217253{col 69}{space 3} .1491604
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0625778{col 28}{space 2} .0288068{col 39}{space 1}    2.17{col 48}{space 3}0.031{col 56}{space 4} .0056488{col 69}{space 3} .1195069
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0405832{col 28}{space 2} .0918694{col 39}{space 1}   -0.44{col 48}{space 3}0.659{col 56}{space 4}-.2221385{col 69}{space 3} .1409722
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18511016
       {txt}sigma_e {c |} {res} .39330158
           {txt}rho {c |} {res} .18134653{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr                     
{txt}delimiter now cr
{com}. 
.         
. 
. ********************************************************************************
. *
. * Tables in online appendix
. *
. ********************************************************************************        
.         
.         ****************************************************************************
.         *Table A.2.1. Summary statistics (PR firm usage)
.         ****************************************************************************            
.         
.         #delimit ;
{txt}delimiter now ;
{com}.         sum 
>                 
>                 ln_firm_strict_count_start
>                 bin_firm_strict_count_start
>                 ln_firm_strict_count
> 
>                 l_rep_score
>                 l_v2x_corr
>                 tournament
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror     
> 
>                 l_v2x_clpol_inv
>                 l_v2xnp_regcorr
>                 c_tournament
>                 l_ln_delta_metersofskyscrapers
>                 l_cw_incom_ter 
>                 l_cw_incom_gov
>                 l_bin_coup_regc_suc 
>                 l_bin_coup_resc_suc
>                 gwf_party 
>                 gwf_monarchy 
>                 gwf_personal
>                 gwf_military
>                 spin 
>                 fear
>                 
>                 l_ln_gdp_pc
>                 l_ln_e_pop
>                 l_fpdist
>                 post1995
>                 l_ln_firmstock_strict_count
> 
>                 if vdem_autoc==1 
>                 ;

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
ln_firm_s~rt {c |}{res}      8,222    .1902366    .4055255          0   2.772589
{txt}bin_firm_~rt {c |}{res}      8,222    .2063975    .4047437          0          1
{txt}ln_firm_s~nt {c |}{res}      8,222    .2931232    .5076873          0   3.044523
{txt}{space 1}l_rep_score {c |}{res}      6,436    5.819083     1.06239   2.202251   8.795716
{txt}{space 2}l_v2x_corr {c |}{res}      7,946    .5623977    .2508781       .007       .969
{txt}{hline 13}{c +}{hline 57}
{space 2}tournament {c |}{res}      8,222    .0104597    .1017428          0          1
{txt}{space 2}l_cw_loint {c |}{res}      7,933    .1660154    .3721179          0          1
{txt}l_bin_~p_suc {c |}{res}      7,933    .0321442    .1763941          0          1
{txt}{space 2}new_uspres {c |}{res}      8,222    .1830455    .3867273          0          1
{txt}{space 1}cubancrisis {c |}{res}      8,222    .0600827    .2376545          0          1
{txt}{hline 13}{c +}{hline 57}
{space 2}coldwarend {c |}{res}      8,222    .0383118    .1919597          0          1
{txt}{space 1}waronterror {c |}{res}      8,222    .0401362    .1962906          0          1
{txt}l_v2x_clpo~v {c |}{res}      8,062    .6648806    .2364397       .064       .977
{txt}l_v2xnp_re~r {c |}{res}      8,006    .5719217     .269507       .006       .979
{txt}c_tournament {c |}{res}      8,222    .0109462    .1086317          0          2
{txt}{hline 13}{c +}{hline 57}
l_ln_delta~s {c |}{res}      7,041    .1377964    .9280568          0   10.19363
{txt}l_cw_incom~r {c |}{res}      7,933    .0722299    .2588846          0          1
{txt}l_cw_incom~v {c |}{res}      7,933    .1206353    .3257235          0          1
{txt}l_bin~gc_suc {c |}{res}      7,933    .0207992    .1427205          0          1
{txt}l_bin~sc_suc {c |}{res}      7,933    .0122274    .1099064          0          1
{txt}{hline 13}{c +}{hline 57}
{space 3}gwf_party {c |}{res}      5,222    .4117196     .492192          0          1
{txt}gwf_monarchy {c |}{res}      5,222     .113941      .31777          0          1
{txt}gwf_personal {c |}{res}      5,222    .2169667    .4122192          0          1
{txt}gwf_military {c |}{res}      5,222    .1103026    .3132965          0          1
{txt}{space 8}spin {c |}{res}      4,111    .1807346     .384845          0          1
{txt}{hline 13}{c +}{hline 57}
{space 8}fear {c |}{res}      4,195    .4862932    .4998717          0          1
{txt}{space 1}l_ln_gdp_pc {c |}{res}      7,479    1.203231    1.001285  -1.251763   5.053874
{txt}{space 2}l_ln_e_pop {c |}{res}      7,479    6.429027    1.731719   1.081805    11.9067
{txt}{space 4}l_fpdist {c |}{res}      6,009    2.883652    1.038051     .00166   5.288116
{txt}{space 4}post1995 {c |}{res}      8,222    .2708587    .4444303          0          1
{txt}{hline 13}{c +}{hline 57}
l_ln_firms~t {c |}{res}      8,062    .1366584    .3291635          0   2.397895
{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         
.         ****************************************************************************
.         *Table A.2.2. Summary statistics (PR firm effects)
.         ****************************************************************************            
.         
.         #delimit ;
{txt}delimiter now ;
{com}.         sum 
>                 
>                 bin_visit_secstate
>                 ln_visit_secstate
>                 
>                 bin_visit_president             
>                 ln_visit_president              
> 
>                 ln_us_aid_economic
>                 ln_us_aid_military
>                 
>                 firm_strict_count_start
> 
>                 fpdist
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc  
> 
>                 if vdem_autoc==1 
>                 ;

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
bin_visit_~e {c |}{res}      8,055    .1030416    .3040321          0          1
{txt}ln_visit_s~e {c |}{res}      8,055    .0867935    .2734661          0   2.397895
{txt}bin_visit_~t {c |}{res}      8,055    .0250776    .1563705          0          1
{txt}ln_visit_p~t {c |}{res}      8,055    .0178858     .112393          0   1.098612
{txt}ln_us_aid_~c {c |}{res}      8,079    2.582165    2.398862  -1.829854   9.929399
{txt}{hline 13}{c +}{hline 57}
ln_us_aid_~y {c |}{res}      8,087      1.0639     1.90752  -.7774205   10.07029
{txt}firm_stric~t {c |}{res}      8,222    .3525906    .9192451          0         15
{txt}{space 6}fpdist {c |}{res}      6,140    2.884675    1.033076     .00166   5.288116
{txt}{space 2}tournament {c |}{res}      8,222    .0104597    .1017428          0          1
{txt}{space 1}l_rep_score {c |}{res}      6,436    5.819083     1.06239   2.202251   8.795716
{txt}{hline 13}{c +}{hline 57}
{space 2}l_v2x_corr {c |}{res}      7,946    .5623977    .2508781       .007       .969
{txt}{space 2}l_cw_loint {c |}{res}      7,933    .1660154    .3721179          0          1
{txt}l_bin_~p_suc {c |}{res}      7,933    .0321442    .1763941          0          1
{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
. 
.         ****************************************************************************
.         *Table A.3.1. Controlling for dictatorship types
.         ****************************************************************************    
.                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 spin 
>                 if 
>                 gt_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     2,872
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       115

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0003{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0059{col 63}{txt}avg{col 67}={col 69}{res}      25.0
{txt}     overall = {res}0.0004{col 63}{txt}max{col 67}={col 69}{res}        63

{txt}{col 49}F({res}1{txt},{res}114{txt}){col 67}={col 70}{res}     0.19
{txt}corr(u_i, Xb){col 16}= {res}-0.1038{txt}{col 49}Prob > F{col 67}={col 73}{res}0.6644

{txt}{ralign 78:(Std. Err. adjusted for {res:115} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 8}spin {c |}{col 14}{res}{space 2} .0238346{col 26}{space 2} .0547913{col 37}{space 1}    0.44{col 46}{space 3}0.664{col 54}{space 4}-.0847066{col 67}{space 3} .1323758
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1878773{col 26}{space 2} .0158727{col 37}{space 1}   11.84{col 46}{space 3}0.000{col 54}{space 4} .1564336{col 67}{space 3}  .219321
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .19891756
     {txt}sigma_e {c |} {res} .35423917
         {txt}rho {c |} {res}  .2397294{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 fear 
>                 if 
>                 gt_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     2,872
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       115

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0003{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0059{col 63}{txt}avg{col 67}={col 69}{res}      25.0
{txt}     overall = {res}0.0004{col 63}{txt}max{col 67}={col 69}{res}        63

{txt}{col 49}F({res}1{txt},{res}114{txt}){col 67}={col 70}{res}     0.19
{txt}corr(u_i, Xb){col 16}= {res}-0.1038{txt}{col 49}Prob > F{col 67}={col 73}{res}0.6644

{txt}{ralign 78:(Std. Err. adjusted for {res:115} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 8}fear {c |}{col 14}{res}{space 2}-.0238346{col 26}{space 2} .0547913{col 37}{space 1}   -0.44{col 46}{space 3}0.664{col 54}{space 4}-.1323758{col 67}{space 3} .0847066
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .2117119{col 26}{space 2} .0389186{col 37}{space 1}    5.44{col 46}{space 3}0.000{col 54}{space 4} .1346144{col 67}{space 3} .2888094
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .19891756
     {txt}sigma_e {c |} {res} .35423917
         {txt}rho {c |} {res}  .2397294{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 spin 
>                 if 
>                 gt_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     2,812
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       115

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0097{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0015{col 63}{txt}avg{col 67}={col 69}{res}      24.5
{txt}     overall = {res}0.0093{col 63}{txt}max{col 67}={col 69}{res}        62

{txt}{col 49}F({res}10{txt},{res}114{txt}){col 67}={col 70}{res}     2.98
{txt}corr(u_i, Xb){col 16}= {res}-0.0130{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0023

{txt}{ralign 80:(Std. Err. adjusted for {res:115} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1538943{col 28}{space 2}  .047232{col 39}{space 1}    3.26{col 48}{space 3}0.001{col 56}{space 4} .0603282{col 69}{space 3} .2474604
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0201391{col 28}{space 2} .0189555{col 39}{space 1}    1.06{col 48}{space 3}0.290{col 56}{space 4}-.0174116{col 69}{space 3} .0576898
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0443516{col 28}{space 2} .1086944{col 39}{space 1}   -0.41{col 48}{space 3}0.684{col 56}{space 4}-.2596744{col 69}{space 3} .1709711
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0097531{col 28}{space 2} .0392698{col 39}{space 1}    0.25{col 48}{space 3}0.804{col 56}{space 4}  -.06804{col 69}{space 3} .0875462
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .1243226{col 28}{space 2} .0485834{col 39}{space 1}    2.56{col 48}{space 3}0.012{col 56}{space 4} .0280792{col 69}{space 3}  .220566
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0084807{col 28}{space 2} .0165994{col 39}{space 1}   -0.51{col 48}{space 3}0.610{col 56}{space 4} -.041364{col 69}{space 3} .0244025
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0318155{col 28}{space 2} .0461331{col 39}{space 1}    0.69{col 48}{space 3}0.492{col 56}{space 4}-.0595737{col 69}{space 3} .1232048
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0487078{col 28}{space 2}  .041921{col 39}{space 1}    1.16{col 48}{space 3}0.248{col 56}{space 4}-.0343373{col 69}{space 3} .1317529
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0740535{col 28}{space 2} .0362736{col 39}{space 1}    2.04{col 48}{space 3}0.044{col 56}{space 4} .0021957{col 69}{space 3} .1459112
{txt}{space 10}spin {c |}{col 16}{res}{space 2} .0368109{col 28}{space 2} .0580612{col 39}{space 1}    0.63{col 48}{space 3}0.527{col 56}{space 4}-.0782079{col 69}{space 3} .1518297
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .0787116{col 28}{space 2} .1369322{col 39}{space 1}    0.57{col 48}{space 3}0.567{col 56}{space 4}-.1925501{col 69}{space 3} .3499732
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .19856922
       {txt}sigma_e {c |} {res} .35360099
           {txt}rho {c |} {res} .23974778{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 fear 
>                 if 
>                 gt_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     2,812
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       115

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0097{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0015{col 63}{txt}avg{col 67}={col 69}{res}      24.5
{txt}     overall = {res}0.0093{col 63}{txt}max{col 67}={col 69}{res}        62

{txt}{col 49}F({res}10{txt},{res}114{txt}){col 67}={col 70}{res}     2.98
{txt}corr(u_i, Xb){col 16}= {res}-0.0130{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0023

{txt}{ralign 80:(Std. Err. adjusted for {res:115} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1538943{col 28}{space 2}  .047232{col 39}{space 1}    3.26{col 48}{space 3}0.001{col 56}{space 4} .0603282{col 69}{space 3} .2474604
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0201391{col 28}{space 2} .0189555{col 39}{space 1}    1.06{col 48}{space 3}0.290{col 56}{space 4}-.0174116{col 69}{space 3} .0576898
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0443516{col 28}{space 2} .1086944{col 39}{space 1}   -0.41{col 48}{space 3}0.684{col 56}{space 4}-.2596744{col 69}{space 3} .1709711
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0097531{col 28}{space 2} .0392698{col 39}{space 1}    0.25{col 48}{space 3}0.804{col 56}{space 4}  -.06804{col 69}{space 3} .0875462
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .1243226{col 28}{space 2} .0485834{col 39}{space 1}    2.56{col 48}{space 3}0.012{col 56}{space 4} .0280792{col 69}{space 3}  .220566
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0084807{col 28}{space 2} .0165994{col 39}{space 1}   -0.51{col 48}{space 3}0.610{col 56}{space 4} -.041364{col 69}{space 3} .0244025
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0318155{col 28}{space 2} .0461331{col 39}{space 1}    0.69{col 48}{space 3}0.492{col 56}{space 4}-.0595737{col 69}{space 3} .1232048
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0487078{col 28}{space 2}  .041921{col 39}{space 1}    1.16{col 48}{space 3}0.248{col 56}{space 4}-.0343373{col 69}{space 3} .1317529
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0740535{col 28}{space 2} .0362736{col 39}{space 1}    2.04{col 48}{space 3}0.044{col 56}{space 4} .0021957{col 69}{space 3} .1459112
{txt}{space 10}fear {c |}{col 16}{res}{space 2}-.0368109{col 28}{space 2} .0580612{col 39}{space 1}   -0.63{col 48}{space 3}0.527{col 56}{space 4}-.1518297{col 69}{space 3} .0782079
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1155225{col 28}{space 2} .1450791{col 39}{space 1}    0.80{col 48}{space 3}0.428{col 56}{space 4}-.1718781{col 69}{space 3}  .402923
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .19856922
       {txt}sigma_e {c |} {res} .35360099
           {txt}rho {c |} {res} .23974778{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
. 
.         ****************************************************************************
.         *Table A.3.2. Controlling for authoritarian regime types
.         ****************************************************************************            
.                         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 gwf_party gwf_monarchy gwf_personal
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,591
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0033{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0397{col 63}{txt}avg{col 67}={col 69}{res}      38.6
{txt}     overall = {res}0.0063{col 63}{txt}max{col 67}={col 69}{res}        65

{txt}{col 49}F({res}3{txt},{res}118{txt}){col 67}={col 70}{res}     1.75
{txt}corr(u_i, Xb){col 16}= {res}-0.0420{txt}{col 49}Prob > F{col 67}={col 73}{res}0.1597

{txt}{ralign 78:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 3}gwf_party {c |}{col 14}{res}{space 2}-.0975101{col 26}{space 2} .0478586{col 37}{space 1}   -2.04{col 46}{space 3}0.044{col 54}{space 4}-.1922832{col 67}{space 3}-.0027371
{txt}gwf_monarchy {c |}{col 14}{res}{space 2}-.0381053{col 26}{space 2}  .050428{col 37}{space 1}   -0.76{col 46}{space 3}0.451{col 54}{space 4}-.1379665{col 67}{space 3}  .061756
{txt}gwf_personal {c |}{col 14}{res}{space 2}-.0165171{col 26}{space 2} .0521669{col 37}{space 1}   -0.32{col 46}{space 3}0.752{col 54}{space 4}-.1198218{col 67}{space 3} .0867876
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}  .278346{col 26}{space 2} .0377502{col 37}{space 1}    7.37{col 46}{space 3}0.000{col 54}{space 4} .2035903{col 67}{space 3} .3531017
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .17796278
     {txt}sigma_e {c |} {res} .38624586
         {txt}rho {c |} {res} .17511526{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 gwf_party
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,557
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0193{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0348{col 63}{txt}avg{col 67}={col 69}{res}      38.3
{txt}     overall = {res}0.0189{col 63}{txt}max{col 67}={col 69}{res}        64

{txt}{col 49}F({res}10{txt},{res}118{txt}){col 67}={col 70}{res}     5.68
{txt}corr(u_i, Xb){col 16}= {res}-0.0699{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1628152{col 28}{space 2} .0529802{col 39}{space 1}    3.07{col 48}{space 3}0.003{col 56}{space 4}    .0579{col 69}{space 3} .2677305
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0367098{col 28}{space 2} .0158353{col 39}{space 1}    2.32{col 48}{space 3}0.022{col 56}{space 4} .0053517{col 69}{space 3}  .068068
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} -.061325{col 28}{space 2} .0881916{col 39}{space 1}   -0.70{col 48}{space 3}0.488{col 56}{space 4}-.2359684{col 69}{space 3} .1133184
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0316244{col 28}{space 2}  .026008{col 39}{space 1}    1.22{col 48}{space 3}0.226{col 56}{space 4}-.0198785{col 69}{space 3} .0831273
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0804638{col 28}{space 2} .0325158{col 39}{space 1}    2.47{col 48}{space 3}0.015{col 56}{space 4} .0160737{col 69}{space 3}  .144854
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0111522{col 28}{space 2} .0123515{col 39}{space 1}   -0.90{col 48}{space 3}0.368{col 56}{space 4}-.0356117{col 69}{space 3} .0133072
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2}-.0022343{col 28}{space 2} .0343567{col 39}{space 1}   -0.07{col 48}{space 3}0.948{col 56}{space 4}  -.07027{col 69}{space 3} .0658014
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1202317{col 28}{space 2} .0345274{col 39}{space 1}    3.48{col 48}{space 3}0.001{col 56}{space 4} .0518581{col 69}{space 3} .1886053
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0734792{col 28}{space 2}  .032793{col 39}{space 1}    2.24{col 48}{space 3}0.027{col 56}{space 4} .0085401{col 69}{space 3} .1384184
{txt}{space 5}gwf_party {c |}{col 16}{res}{space 2}-.0724498{col 28}{space 2}  .036674{col 39}{space 1}   -1.98{col 48}{space 3}0.051{col 56}{space 4}-.1450742{col 69}{space 3} .0001747
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}  .056682{col 28}{space 2} .0993536{col 39}{space 1}    0.57{col 48}{space 3}0.569{col 56}{space 4}-.1400652{col 69}{space 3} .2534293
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}  .1797388
       {txt}sigma_e {c |} {res} .38291512
           {txt}rho {c |} {res} .18055123{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 gwf_monarchy
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,557
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0188{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0195{col 63}{txt}avg{col 67}={col 69}{res}      38.3
{txt}     overall = {res}0.0166{col 63}{txt}max{col 67}={col 69}{res}        64

{txt}{col 49}F({res}10{txt},{res}118{txt}){col 67}={col 70}{res}     6.02
{txt}corr(u_i, Xb){col 16}= {res}-0.1009{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1621344{col 28}{space 2} .0526511{col 39}{space 1}    3.08{col 48}{space 3}0.003{col 56}{space 4} .0578709{col 69}{space 3} .2663979
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0433516{col 28}{space 2} .0164583{col 39}{space 1}    2.63{col 48}{space 3}0.010{col 56}{space 4} .0107598{col 69}{space 3} .0759435
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0149415{col 28}{space 2} .0840813{col 39}{space 1}   -0.18{col 48}{space 3}0.859{col 56}{space 4}-.1814454{col 69}{space 3} .1515623
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0409972{col 28}{space 2} .0264693{col 39}{space 1}    1.55{col 48}{space 3}0.124{col 56}{space 4}-.0114193{col 69}{space 3} .0934137
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0915884{col 28}{space 2} .0316561{col 39}{space 1}    2.89{col 48}{space 3}0.005{col 56}{space 4} .0289008{col 69}{space 3}  .154276
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0112417{col 28}{space 2} .0124059{col 39}{space 1}   -0.91{col 48}{space 3}0.367{col 56}{space 4}-.0358088{col 69}{space 3} .0133254
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2}-.0046528{col 28}{space 2} .0345976{col 39}{space 1}   -0.13{col 48}{space 3}0.893{col 56}{space 4}-.0731656{col 69}{space 3} .0638599
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1230302{col 28}{space 2} .0349075{col 39}{space 1}    3.52{col 48}{space 3}0.001{col 56}{space 4} .0539039{col 69}{space 3} .1921565
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0783052{col 28}{space 2} .0337055{col 39}{space 1}    2.32{col 48}{space 3}0.022{col 56}{space 4} .0115591{col 69}{space 3} .1450514
{txt}{space 2}gwf_monarchy {c |}{col 16}{res}{space 2} .1186328{col 28}{space 2}  .045748{col 39}{space 1}    2.59{col 48}{space 3}0.011{col 56}{space 4} .0280394{col 69}{space 3} .2092262
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} -.062846{col 28}{space 2} .1062963{col 39}{space 1}   -0.59{col 48}{space 3}0.555{col 56}{space 4}-.2733415{col 69}{space 3} .1476496
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18205943
       {txt}sigma_e {c |} {res}  .3830197
           {txt}rho {c |} {res} .18429628{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 gwf_personal
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,557
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0172{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0110{col 63}{txt}avg{col 67}={col 69}{res}      38.3
{txt}     overall = {res}0.0144{col 63}{txt}max{col 67}={col 69}{res}        64

{txt}{col 49}F({res}10{txt},{res}118{txt}){col 67}={col 70}{res}     5.16
{txt}corr(u_i, Xb){col 16}= {res}-0.0688{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1627173{col 28}{space 2} .0528993{col 39}{space 1}    3.08{col 48}{space 3}0.003{col 56}{space 4} .0579623{col 69}{space 3} .2674724
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0366507{col 28}{space 2} .0164586{col 39}{space 1}    2.23{col 48}{space 3}0.028{col 56}{space 4} .0040583{col 69}{space 3} .0692431
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0538735{col 28}{space 2} .0939676{col 39}{space 1}   -0.57{col 48}{space 3}0.568{col 56}{space 4} -.239955{col 69}{space 3} .1322079
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0307836{col 28}{space 2} .0262369{col 39}{space 1}    1.17{col 48}{space 3}0.243{col 56}{space 4}-.0211727{col 69}{space 3} .0827399
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0904703{col 28}{space 2} .0316796{col 39}{space 1}    2.86{col 48}{space 3}0.005{col 56}{space 4}  .027736{col 69}{space 3} .1532046
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} -.011572{col 28}{space 2} .0123085{col 39}{space 1}   -0.94{col 48}{space 3}0.349{col 56}{space 4}-.0359462{col 69}{space 3} .0128023
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2}-.0011625{col 28}{space 2} .0346908{col 39}{space 1}   -0.03{col 48}{space 3}0.973{col 56}{space 4}-.0698597{col 69}{space 3} .0675346
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2}  .121892{col 28}{space 2} .0347478{col 39}{space 1}    3.51{col 48}{space 3}0.001{col 56}{space 4} .0530819{col 69}{space 3}  .190702
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0750843{col 28}{space 2} .0330636{col 39}{space 1}    2.27{col 48}{space 3}0.025{col 56}{space 4} .0096093{col 69}{space 3} .1405593
{txt}{space 2}gwf_personal {c |}{col 16}{res}{space 2} .0283567{col 28}{space 2} .0460651{col 39}{space 1}    0.62{col 48}{space 3}0.539{col 56}{space 4}-.0628648{col 69}{space 3} .1195782
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .0093656{col 28}{space 2} .1050795{col 39}{space 1}    0.09{col 48}{space 3}0.929{col 56}{space 4}-.1987203{col 69}{space 3} .2174515
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18240012
       {txt}sigma_e {c |} {res} .38331942
           {txt}rho {c |} {res} .18462343{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 gwf_military
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,557
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0171{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0244{col 63}{txt}avg{col 67}={col 69}{res}      38.3
{txt}     overall = {res}0.0167{col 63}{txt}max{col 67}={col 69}{res}        64

{txt}{col 49}F({res}10{txt},{res}118{txt}){col 67}={col 70}{res}     5.14
{txt}corr(u_i, Xb){col 16}= {res}-0.0500{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2}  .161405{col 28}{space 2} .0528554{col 39}{space 1}    3.05{col 48}{space 3}0.003{col 56}{space 4}  .056737{col 69}{space 3} .2660731
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0371129{col 28}{space 2} .0165446{col 39}{space 1}    2.24{col 48}{space 3}0.027{col 56}{space 4}   .00435{col 69}{space 3} .0698758
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0299297{col 28}{space 2} .0848108{col 39}{space 1}   -0.35{col 48}{space 3}0.725{col 56}{space 4}-.1978782{col 69}{space 3} .1380189
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2}   .03157{col 28}{space 2} .0260863{col 39}{space 1}    1.21{col 48}{space 3}0.229{col 56}{space 4} -.020088{col 69}{space 3}  .083228
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0859521{col 28}{space 2} .0342757{col 39}{space 1}    2.51{col 48}{space 3}0.014{col 56}{space 4} .0180768{col 69}{space 3} .1538274
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0120856{col 28}{space 2} .0123351{col 39}{space 1}   -0.98{col 48}{space 3}0.329{col 56}{space 4}-.0365125{col 69}{space 3} .0123413
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0011319{col 28}{space 2} .0351597{col 39}{space 1}    0.03{col 48}{space 3}0.974{col 56}{space 4}-.0684938{col 69}{space 3} .0707576
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1202296{col 28}{space 2} .0348985{col 39}{space 1}    3.45{col 48}{space 3}0.001{col 56}{space 4} .0511211{col 69}{space 3} .1893381
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0756986{col 28}{space 2} .0337735{col 39}{space 1}    2.24{col 48}{space 3}0.027{col 56}{space 4} .0088178{col 69}{space 3} .1425793
{txt}{space 2}gwf_military {c |}{col 16}{res}{space 2} .0235997{col 28}{space 2} .0467869{col 39}{space 1}    0.50{col 48}{space 3}0.615{col 56}{space 4} -.069051{col 69}{space 3} .1162504
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0030077{col 28}{space 2} .1046112{col 39}{space 1}   -0.03{col 48}{space 3}0.977{col 56}{space 4}-.2101663{col 69}{space 3} .2041509
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18051112
       {txt}sigma_e {c |} {res}  .3833475
           {txt}rho {c |} {res} .18148792{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.                         
.         *Model 6
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 gwf_party gwf_monarchy gwf_personal
>                 if 
>                 gwf_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     4,557
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       119

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0200{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0324{col 63}{txt}avg{col 67}={col 69}{res}      38.3
{txt}     overall = {res}0.0187{col 63}{txt}max{col 67}={col 69}{res}        64

{txt}{col 49}F({res}12{txt},{res}118{txt}){col 67}={col 70}{res}     5.26
{txt}corr(u_i, Xb){col 16}= {res}-0.0999{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:119} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1628252{col 28}{space 2} .0527645{col 39}{space 1}    3.09{col 48}{space 3}0.003{col 56}{space 4} .0583371{col 69}{space 3} .2673134
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0406936{col 28}{space 2} .0160343{col 39}{space 1}    2.54{col 48}{space 3}0.012{col 56}{space 4} .0089413{col 69}{space 3} .0724458
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0432825{col 28}{space 2} .0937794{col 39}{space 1}   -0.46{col 48}{space 3}0.645{col 56}{space 4}-.2289913{col 69}{space 3} .1424263
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0375668{col 28}{space 2} .0257611{col 39}{space 1}    1.46{col 48}{space 3}0.147{col 56}{space 4}-.0134471{col 69}{space 3} .0885807
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0838806{col 28}{space 2} .0339891{col 39}{space 1}    2.47{col 48}{space 3}0.015{col 56}{space 4} .0165729{col 69}{space 3} .1511882
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0108581{col 28}{space 2} .0123506{col 39}{space 1}   -0.88{col 48}{space 3}0.381{col 56}{space 4}-.0353156{col 69}{space 3} .0135993
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2}-.0049021{col 28}{space 2} .0344903{col 39}{space 1}   -0.14{col 48}{space 3}0.887{col 56}{space 4}-.0732023{col 69}{space 3}  .063398
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1216516{col 28}{space 2} .0348611{col 39}{space 1}    3.49{col 48}{space 3}0.001{col 56}{space 4} .0526171{col 69}{space 3} .1906861
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0755099{col 28}{space 2} .0327861{col 39}{space 1}    2.30{col 48}{space 3}0.023{col 56}{space 4} .0105845{col 69}{space 3} .1404354
{txt}{space 5}gwf_party {c |}{col 16}{res}{space 2}-.0553559{col 28}{space 2} .0471482{col 39}{space 1}   -1.17{col 48}{space 3}0.243{col 56}{space 4}-.1487222{col 69}{space 3} .0380103
{txt}{space 2}gwf_monarchy {c |}{col 16}{res}{space 2} .0799461{col 28}{space 2} .0525945{col 39}{space 1}    1.52{col 48}{space 3}0.131{col 56}{space 4}-.0242053{col 69}{space 3} .1840976
{txt}{space 2}gwf_personal {c |}{col 16}{res}{space 2}  .001688{col 28}{space 2} .0567341{col 39}{space 1}    0.03{col 48}{space 3}0.976{col 56}{space 4} -.110661{col 69}{space 3} .1140369
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .0022666{col 28}{space 2} .1041344{col 39}{space 1}    0.02{col 48}{space 3}0.983{col 56}{space 4}-.2039478{col 69}{space 3} .2084811
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18041125
       {txt}sigma_e {c |} {res} .38286567
           {txt}rho {c |} {res} .18169726{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
. 
.         ****************************************************************************
.         *Table A.3.3. Alternative measures of the dependent variable
.         ****************************************************************************                            
.                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0054{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0618{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0157{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}2{txt},{res}147{txt}){col 67}={col 70}{res}     6.57
{txt}corr(u_i, Xb){col 16}= {res}0.0130{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0019

{txt}{ralign 78:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}bin_firm_~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2} .0402594{col 26}{space 2} .0123104{col 37}{space 1}    3.27{col 46}{space 3}0.001{col 54}{space 4} .0159311{col 67}{space 3} .0645877
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2} .0956001{col 26}{space 2} .0612991{col 37}{space 1}    1.56{col 46}{space 3}0.121{col 54}{space 4}-.0255411{col 67}{space 3} .2167414
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.0438388{col 26}{space 2}  .080586{col 37}{space 1}   -0.54{col 46}{space 3}0.587{col 54}{space 4}-.2030956{col 67}{space 3}  .115418
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .18485134
     {txt}sigma_e {c |} {res} .39718733
         {txt}rho {c |} {res} .17803579{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr                             
{txt}delimiter now cr
{com}.                                 
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_firm_strict_count_start 
>                 tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0026{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0429{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0070{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}1{txt},{res}164{txt}){col 67}={col 70}{res}    12.72
{txt}corr(u_i, Xb){col 16}= {res}0.0824{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0005

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}bin_firm_~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2}  .194146{col 26}{space 2}  .054433{col 37}{space 1}    3.57{col 46}{space 3}0.000{col 54}{space 4} .0866661{col 67}{space 3} .3016259
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .2043668{col 26}{space 2} .0005694{col 37}{space 1}  358.94{col 46}{space 3}0.000{col 54}{space 4} .2032425{col 67}{space 3}  .205491
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .20117279
     {txt}sigma_e {c |} {res}  .3696494
         {txt}rho {c |} {res} .22850332{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_firm_strict_count_start               
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0073{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.1008{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0158{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}154{txt}){col 67}={col 70}{res}    14.20
{txt}corr(u_i, Xb){col 16}= {res}0.0765{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}bin_firm_st~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0953421{col 28}{space 2} .0220851{col 39}{space 1}    4.32{col 48}{space 3}0.000{col 56}{space 4} .0517133{col 69}{space 3} .1389709
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0677148{col 28}{space 2} .0303002{col 39}{space 1}    2.23{col 48}{space 3}0.027{col 56}{space 4} .0078571{col 69}{space 3} .1275726
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1927603{col 28}{space 2} .0036075{col 39}{space 1}   53.43{col 48}{space 3}0.000{col 56}{space 4} .1856337{col 69}{space 3} .1998868
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .17888937
       {txt}sigma_e {c |} {res} .37100743
           {txt}rho {c |} {res} .18863425{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0053{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0000{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0043{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}4{txt},{res}164{txt}){col 67}={col 70}{res}     5.68
{txt}corr(u_i, Xb){col 16}= {res}-0.0023{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0003

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}bin_firm_~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2} .0001085{col 26}{space 2} .0097315{col 37}{space 1}    0.01{col 46}{space 3}0.991{col 54}{space 4}-.0191067{col 67}{space 3} .0193237
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2}-.0008262{col 26}{space 2} .0201047{col 37}{space 1}   -0.04{col 46}{space 3}0.967{col 54}{space 4}-.0405236{col 67}{space 3} .0388712
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .0929345{col 26}{space 2} .0283072{col 37}{space 1}    3.28{col 46}{space 3}0.001{col 54}{space 4}  .037041{col 67}{space 3}  .148828
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2} .1074851{col 26}{space 2} .0279314{col 37}{space 1}    3.85{col 46}{space 3}0.000{col 54}{space 4} .0523335{col 67}{space 3} .1626366
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1985527{col 26}{space 2} .0027477{col 37}{space 1}   72.26{col 46}{space 3}0.000{col 54}{space 4} .1931272{col 67}{space 3} .2039782
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .20253961
     {txt}sigma_e {c |} {res} .36921035
         {txt}rho {c |} {res} .23132188{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0136{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0637{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0232{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     6.82
{txt}corr(u_i, Xb){col 16}= {res}0.0269{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}bin_firm_st~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1979268{col 28}{space 2} .0459213{col 39}{space 1}    4.31{col 48}{space 3}0.000{col 56}{space 4} .1071756{col 69}{space 3}  .288678
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0298006{col 28}{space 2}  .012861{col 39}{space 1}    2.32{col 48}{space 3}0.022{col 56}{space 4} .0043842{col 69}{space 3}  .055217
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0644545{col 28}{space 2} .0617327{col 39}{space 1}    1.04{col 48}{space 3}0.298{col 56}{space 4}-.0575437{col 69}{space 3} .1864526
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0458519{col 28}{space 2} .0227735{col 39}{space 1}    2.01{col 48}{space 3}0.046{col 56}{space 4}  .000846{col 69}{space 3} .0908577
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0664144{col 28}{space 2} .0308201{col 39}{space 1}    2.15{col 48}{space 3}0.033{col 56}{space 4} .0055067{col 69}{space 3}  .127322
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0005588{col 28}{space 2} .0126284{col 39}{space 1}   -0.04{col 48}{space 3}0.965{col 56}{space 4}-.0255154{col 69}{space 3} .0243979
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0226249{col 28}{space 2}  .032541{col 39}{space 1}    0.70{col 48}{space 3}0.488{col 56}{space 4}-.0416838{col 69}{space 3} .0869336
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2}  .087368{col 28}{space 2} .0295964{col 39}{space 1}    2.95{col 48}{space 3}0.004{col 56}{space 4} .0288785{col 69}{space 3} .1458574
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0723276{col 28}{space 2} .0284852{col 39}{space 1}    2.54{col 48}{space 3}0.012{col 56}{space 4} .0160343{col 69}{space 3} .1286209
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .0132132{col 28}{space 2} .0819819{col 39}{space 1}    0.16{col 48}{space 3}0.872{col 56}{space 4}-.1488021{col 69}{space 3} .1752285
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18474163
       {txt}sigma_e {c |} {res} .39575584
           {txt}rho {c |} {res} .17892049{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.                 
.         *Model 6
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count 
>                 l_rep_score
>                 l_v2x_corr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0115{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0762{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0251{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}2{txt},{res}147{txt}){col 67}={col 70}{res}     7.58
{txt}corr(u_i, Xb){col 16}= {res}-0.0160{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0007

{txt}{ralign 78:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~nt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2} .0696217{col 26}{space 2} .0193653{col 37}{space 1}    3.60{col 46}{space 3}0.000{col 54}{space 4} .0313514{col 67}{space 3} .1078919
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2}  .161435{col 26}{space 2} .0924315{col 37}{space 1}    1.75{col 46}{space 3}0.083{col 54}{space 4}-.0212312{col 67}{space 3} .3441012
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.1481999{col 26}{space 2} .1292717{col 37}{space 1}   -1.15{col 46}{space 3}0.253{col 54}{space 4}-.4036709{col 67}{space 3} .1072711
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .26625288
     {txt}sigma_e {c |} {res}   .466112
         {txt}rho {c |} {res} .24601893{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 7 
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count 
>                 tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0025{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0418{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0078{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}1{txt},{res}164{txt}){col 67}={col 70}{res}     3.71
{txt}corr(u_i, Xb){col 16}= {res}0.0848{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0557

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~nt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2} .2264855{col 26}{space 2} .1175237{col 37}{space 1}    1.93{col 46}{space 3}0.056{col 54}{space 4}-.0055691{col 67}{space 3} .4585402
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .2907542{col 26}{space 2} .0012293{col 37}{space 1}  236.53{col 46}{space 3}0.000{col 54}{space 4}  .288327{col 67}{space 3} .2931815
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .30011929
     {txt}sigma_e {c |} {res}  .4405285
         {txt}rho {c |} {res} .31700062{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 8
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count              
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0106{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0803{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0196{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}154{txt}){col 67}={col 70}{res}    15.23
{txt}corr(u_i, Xb){col 16}= {res}0.0625{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~nt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2}  .143875{col 28}{space 2} .0320215{col 39}{space 1}    4.49{col 48}{space 3}0.000{col 56}{space 4} .0806168{col 69}{space 3} .2071331
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0636708{col 28}{space 2} .0353569{col 39}{space 1}    1.80{col 48}{space 3}0.074{col 56}{space 4}-.0061762{col 69}{space 3} .1335179
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .2738813{col 28}{space 2} .0051117{col 39}{space 1}   53.58{col 48}{space 3}0.000{col 56}{space 4} .2637832{col 69}{space 3} .2839795
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .26595279
       {txt}sigma_e {c |} {res} .44062348
           {txt}rho {c |} {res} .26702999{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 9
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0053{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0001{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0041{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}4{txt},{res}164{txt}){col 67}={col 70}{res}     5.20
{txt}corr(u_i, Xb){col 16}= {res}0.0001{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0006

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~nt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2}-.0066584{col 26}{space 2} .0107874{col 37}{space 1}   -0.62{col 46}{space 3}0.538{col 54}{space 4}-.0279585{col 67}{space 3} .0146418
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2}-.0148888{col 26}{space 2} .0261899{col 37}{space 1}   -0.57{col 46}{space 3}0.570{col 54}{space 4}-.0666017{col 67}{space 3}  .036824
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .1200218{col 26}{space 2} .0346829{col 37}{space 1}    3.46{col 46}{space 3}0.001{col 54}{space 4} .0515392{col 67}{space 3} .1885043
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2} .1183284{col 26}{space 2} .0361865{col 37}{space 1}    3.27{col 46}{space 3}0.001{col 54}{space 4} .0468769{col 67}{space 3} .1897798
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}  .285889{col 26}{space 2} .0029557{col 37}{space 1}   96.72{col 46}{space 3}0.000{col 54}{space 4} .2800529{col 67}{space 3} .2917252
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res}  .3016165
     {txt}sigma_e {c |} {res} .43997589
         {txt}rho {c |} {res} .31970514{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 10
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0182{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0783{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0305{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     4.82
{txt}corr(u_i, Xb){col 16}= {res}-0.0014{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~nt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1893863{col 28}{space 2} .0934781{col 39}{space 1}    2.03{col 48}{space 3}0.045{col 56}{space 4} .0046517{col 69}{space 3} .3741208
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2}  .056513{col 28}{space 2} .0204879{col 39}{space 1}    2.76{col 48}{space 3}0.007{col 56}{space 4} .0160242{col 69}{space 3} .0970018
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .1262059{col 28}{space 2} .0929454{col 39}{space 1}    1.36{col 48}{space 3}0.177{col 56}{space 4}-.0574758{col 69}{space 3} .3098876
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0600169{col 28}{space 2} .0324567{col 39}{space 1}    1.85{col 48}{space 3}0.066{col 56}{space 4}-.0041251{col 69}{space 3} .1241589
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0555401{col 28}{space 2} .0357248{col 39}{space 1}    1.55{col 48}{space 3}0.122{col 56}{space 4}-.0150604{col 69}{space 3} .1261406
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2}-.0048821{col 28}{space 2} .0133884{col 39}{space 1}   -0.36{col 48}{space 3}0.716{col 56}{space 4}-.0313406{col 69}{space 3} .0215765
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0301982{col 28}{space 2} .0433052{col 39}{space 1}    0.70{col 48}{space 3}0.487{col 56}{space 4} -.055383{col 69}{space 3} .1157794
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1030744{col 28}{space 2} .0359687{col 39}{space 1}    2.87{col 48}{space 3}0.005{col 56}{space 4} .0319918{col 69}{space 3}  .174157
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0707715{col 28}{space 2} .0364353{col 39}{space 1}    1.94{col 48}{space 3}0.054{col 56}{space 4}-.0012332{col 69}{space 3} .1427762
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0757516{col 28}{space 2} .1329023{col 39}{space 1}   -0.57{col 48}{space 3}0.570{col 56}{space 4}-.3383974{col 69}{space 3} .1868943
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .26598155
       {txt}sigma_e {c |} {res} .46479304
           {txt}rho {c |} {res} .24669256{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         
.         ****************************************************************************
.         *Table A.3.4. Alternative measures for countering criticism logic
.         ****************************************************************************                            
.         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_v2x_clpol_inv
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,062
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       157

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0087{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0058{col 63}{txt}avg{col 67}={col 69}{res}      51.4
{txt}     overall = {res}0.0067{col 63}{txt}max{col 67}={col 69}{res}        77

{txt}{col 49}F({res}1{txt},{res}156{txt}){col 67}={col 70}{res}    20.35
{txt}corr(u_i, Xb){col 16}= {res}-0.0726{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 81:(Std. Err. adjusted for {res:157} clusters in cowcode)}
{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}    Robust
{col 1}ln_firm_stri~rt{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_v2x_clpol_inv {c |}{col 17}{res}{space 2}-.1962888{col 29}{space 2} .0435167{col 40}{space 1}   -4.51{col 49}{space 3}0.000{col 57}{space 4}-.2822469{col 70}{space 3}-.1103308
{txt}{space 10}_cons {c |}{col 17}{res}{space 2} .3231385{col 29}{space 2} .0289334{col 40}{space 1}   11.17{col 49}{space 3}0.000{col 57}{space 4} .2659867{col 70}{space 3} .3802903
{txt}{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
        sigma_u {c |} {res} .20892924
        {txt}sigma_e {c |} {res} .36817847
            {txt}rho {c |} {res} .24358129{txt}   (fraction of variance due to u_i)
{hline 16}{c BT}{hline 64}

{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_v2x_clpol_inv
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,819
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       154

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0238{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0987{col 63}{txt}avg{col 67}={col 69}{res}      50.8
{txt}     overall = {res}0.0367{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}9{txt},{res}153{txt}){col 67}={col 70}{res}     7.84
{txt}corr(u_i, Xb){col 16}= {res}0.0563{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 81:(Std. Err. adjusted for {res:154} clusters in cowcode)}
{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}    Robust
{col 1}ln_firm_stri~rt{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}tournament {c |}{col 17}{res}{space 2} .2276343{col 29}{space 2} .0924473{col 40}{space 1}    2.46{col 49}{space 3}0.015{col 57}{space 4} .0449963{col 70}{space 3} .4102723
{txt}l_v2x_clpol_inv {c |}{col 17}{res}{space 2}-.1636796{col 29}{space 2} .0469826{col 40}{space 1}   -3.48{col 49}{space 3}0.001{col 57}{space 4}-.2564979{col 70}{space 3}-.0708612
{txt}{space 5}l_v2x_corr {c |}{col 17}{res}{space 2} .0768853{col 29}{space 2} .0577865{col 40}{space 1}    1.33{col 49}{space 3}0.185{col 57}{space 4}-.0372772{col 70}{space 3} .1910478
{txt}{space 5}l_cw_loint {c |}{col 17}{res}{space 2} .0804764{col 29}{space 2} .0214182{col 40}{space 1}    3.76{col 49}{space 3}0.000{col 57}{space 4} .0381628{col 70}{space 3}   .12279
{txt}{space 1}l_bin_coup_suc {c |}{col 17}{res}{space 2} .0751398{col 29}{space 2} .0300815{col 40}{space 1}    2.50{col 49}{space 3}0.014{col 57}{space 4} .0157111{col 70}{space 3} .1345685
{txt}{space 5}new_uspres {c |}{col 17}{res}{space 2} .0160145{col 29}{space 2} .0105829{col 40}{space 1}    1.51{col 49}{space 3}0.132{col 57}{space 4}-.0048929{col 70}{space 3}  .036922
{txt}{space 4}cubancrisis {c |}{col 17}{res}{space 2} .0047616{col 29}{space 2} .0212358{col 40}{space 1}    0.22{col 49}{space 3}0.823{col 57}{space 4}-.0371917{col 70}{space 3} .0467148
{txt}{space 5}coldwarend {c |}{col 17}{res}{space 2}  .097008{col 29}{space 2} .0318015{col 40}{space 1}    3.05{col 49}{space 3}0.003{col 57}{space 4} .0341813{col 70}{space 3} .1598348
{txt}{space 4}waronterror {c |}{col 17}{res}{space 2} .0537267{col 29}{space 2} .0285481{col 40}{space 1}    1.88{col 49}{space 3}0.062{col 57}{space 4}-.0026727{col 70}{space 3} .1101261
{txt}{space 10}_cons {c |}{col 17}{res}{space 2} .2336204{col 29}{space 2} .0505084{col 40}{space 1}    4.63{col 49}{space 3}0.000{col 57}{space 4} .1338366{col 70}{space 3} .3334042
{txt}{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
        sigma_u {c |} {res} .17924769
        {txt}sigma_e {c |} {res} .36814858
            {txt}rho {c |} {res} .19163269{txt}   (fraction of variance due to u_i)
{hline 16}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.                 
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_v2xnp_regcorr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,006
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       156

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0029{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0541{col 63}{txt}avg{col 67}={col 69}{res}      51.3
{txt}     overall = {res}0.0184{col 63}{txt}max{col 67}={col 69}{res}        77

{txt}{col 49}F({res}1{txt},{res}155{txt}){col 67}={col 70}{res}     5.17
{txt}corr(u_i, Xb){col 16}= {res}0.1255{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0244

{txt}{ralign 81:(Std. Err. adjusted for {res:156} clusters in cowcode)}
{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}    Robust
{col 1}ln_firm_stri~rt{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_v2xnp_regcorr {c |}{col 17}{res}{space 2} .1253904{col 29}{space 2} .0551618{col 40}{space 1}    2.27{col 49}{space 3}0.024{col 57}{space 4} .0164245{col 70}{space 3} .2343562
{txt}{space 10}_cons {c |}{col 17}{res}{space 2} .1222638{col 29}{space 2} .0315482{col 40}{space 1}    3.88{col 49}{space 3}0.000{col 57}{space 4} .0599438{col 70}{space 3} .1845837
{txt}{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
        sigma_u {c |} {res}   .203471
        {txt}sigma_e {c |} {res} .37055556
            {txt}rho {c |} {res} .23166031{txt}   (fraction of variance due to u_i)
{hline 16}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2xnp_regcorr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,430
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0154{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0715{col 63}{txt}avg{col 67}={col 69}{res}      43.4
{txt}     overall = {res}0.0229{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     5.73
{txt}corr(u_i, Xb){col 16}= {res}0.0023{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 81:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 16}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 17}{c |}{col 29}    Robust
{col 1}ln_firm_stri~rt{col 17}{c |}      Coef.{col 29}   Std. Err.{col 41}      t{col 49}   P>|t|{col 57}     [95% Con{col 70}f. Interval]
{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}tournament {c |}{col 17}{res}{space 2} .2172266{col 29}{space 2} .0781063{col 40}{space 1}    2.78{col 49}{space 3}0.006{col 57}{space 4} .0628703{col 70}{space 3} .3715829
{txt}{space 4}l_rep_score {c |}{col 17}{res}{space 2} .0348007{col 29}{space 2} .0142148{col 40}{space 1}    2.45{col 49}{space 3}0.016{col 57}{space 4} .0067089{col 70}{space 3} .0628925
{txt}l_v2xnp_regcorr {c |}{col 17}{res}{space 2} .0444833{col 29}{space 2} .0636593{col 40}{space 1}    0.70{col 49}{space 3}0.486{col 57}{space 4}-.0813223{col 70}{space 3} .1702889
{txt}{space 5}l_cw_loint {c |}{col 17}{res}{space 2} .0506331{col 29}{space 2} .0227175{col 40}{space 1}    2.23{col 49}{space 3}0.027{col 57}{space 4} .0057379{col 70}{space 3} .0955283
{txt}{space 1}l_bin_coup_suc {c |}{col 17}{res}{space 2} .0721569{col 29}{space 2} .0305074{col 40}{space 1}    2.37{col 49}{space 3}0.019{col 57}{space 4} .0118671{col 70}{space 3} .1324467
{txt}{space 5}new_uspres {c |}{col 17}{res}{space 2} .0049952{col 29}{space 2} .0125018{col 40}{space 1}    0.40{col 49}{space 3}0.690{col 57}{space 4}-.0197113{col 70}{space 3} .0297017
{txt}{space 4}cubancrisis {c |}{col 17}{res}{space 2} .0061309{col 29}{space 2} .0318485{col 40}{space 1}    0.19{col 49}{space 3}0.848{col 57}{space 4}-.0568092{col 70}{space 3}  .069071
{txt}{space 5}coldwarend {c |}{col 17}{res}{space 2} .0817658{col 29}{space 2} .0320008{col 40}{space 1}    2.56{col 49}{space 3}0.012{col 57}{space 4} .0185246{col 70}{space 3} .1450069
{txt}{space 4}waronterror {c |}{col 17}{res}{space 2}  .064393{col 29}{space 2} .0286724{col 40}{space 1}    2.25{col 49}{space 3}0.026{col 57}{space 4} .0077297{col 70}{space 3} .1210564
{txt}{space 10}_cons {c |}{col 17}{res}{space 2}-.0252533{col 29}{space 2} .0898278{col 40}{space 1}   -0.28{col 49}{space 3}0.779{col 57}{space 4} -.202774{col 70}{space 3} .1522675
{txt}{hline 16}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
        sigma_u {c |} {res} .18330108
        {txt}sigma_e {c |} {res} .39345491
            {txt}rho {c |} {res} .17833443{txt}   (fraction of variance due to u_i)
{hline 16}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.                         
.         
.         ****************************************************************************
.         *Table A.3.5. Alternative measures for maximizing publicity logic
.         ****************************************************************************                            
.         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 c_tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0027{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0288{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0068{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}1{txt},{res}164{txt}){col 67}={col 70}{res}     4.09
{txt}corr(u_i, Xb){col 16}= {res}0.0764{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0448

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
c_tournament {c |}{col 14}{res}{space 2} .1852253{col 26}{space 2} .0916084{col 37}{space 1}    2.02{col 46}{space 3}0.045{col 54}{space 4} .0043414{col 67}{space 3} .3661093
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1882091{col 26}{space 2} .0010028{col 37}{space 1}  187.69{col 46}{space 3}0.000{col 54}{space 4} .1862291{col 67}{space 3} .1901891
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .22804971
     {txt}sigma_e {c |} {res} .36782804
         {txt}rho {c |} {res} .27765895{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 c_tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0154{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0645{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0224{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     5.63
{txt}corr(u_i, Xb){col 16}= {res}-0.0084{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}c_tournament {c |}{col 16}{res}{space 2} .1901408{col 28}{space 2} .0770133{col 39}{space 1}    2.47{col 48}{space 3}0.015{col 56}{space 4} .0379446{col 69}{space 3} .3423369
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0364574{col 28}{space 2} .0142184{col 39}{space 1}    2.56{col 48}{space 3}0.011{col 56}{space 4} .0083585{col 69}{space 3} .0645563
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0555615{col 28}{space 2} .0686817{col 39}{space 1}    0.81{col 48}{space 3}0.420{col 56}{space 4}-.0801696{col 69}{space 3} .1912926
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0487456{col 28}{space 2} .0225345{col 39}{space 1}    2.16{col 48}{space 3}0.032{col 56}{space 4} .0042121{col 69}{space 3} .0932791
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0722613{col 28}{space 2} .0303456{col 39}{space 1}    2.38{col 48}{space 3}0.019{col 56}{space 4} .0122912{col 69}{space 3} .1322313
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0051283{col 28}{space 2} .0125388{col 39}{space 1}    0.41{col 48}{space 3}0.683{col 56}{space 4}-.0196512{col 69}{space 3} .0299079
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0073093{col 28}{space 2}  .031829{col 39}{space 1}    0.23{col 48}{space 3}0.819{col 56}{space 4}-.0555922{col 69}{space 3} .0702108
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0853504{col 28}{space 2} .0322296{col 39}{space 1}    2.65{col 48}{space 3}0.009{col 56}{space 4} .0216572{col 69}{space 3} .1490435
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0626625{col 28}{space 2} .0288374{col 39}{space 1}    2.17{col 48}{space 3}0.031{col 56}{space 4} .0056729{col 69}{space 3}  .119652
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0406004{col 28}{space 2} .0919652{col 39}{space 1}   -0.44{col 48}{space 3}0.660{col 56}{space 4}-.2223452{col 69}{space 3} .1411443
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18522082
       {txt}sigma_e {c |} {res} .39340075
           {txt}rho {c |} {res} .18144913{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_ln_delta_metersofskyscrapers
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,041
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       149

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0049{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0788{col 63}{txt}avg{col 67}={col 69}{res}      47.3
{txt}     overall = {res}0.0167{col 63}{txt}max{col 67}={col 69}{res}        71

{txt}{col 49}F({res}1{txt},{res}148{txt}){col 67}={col 70}{res}     5.98
{txt}corr(u_i, Xb){col 16}= {res}0.1342{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0157

{txt}{ralign 96:(Std. Err. adjusted for {res:149} clusters in cowcode)}
{hline 31}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 32}{c |}{col 44}    Robust
{col 1}    ln_firm_strict_count_start{col 32}{c |}      Coef.{col 44}   Std. Err.{col 56}      t{col 64}   P>|t|{col 72}     [95% Con{col 85}f. Interval]
{hline 31}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_ln_delta_metersofskyscrapers {c |}{col 32}{res}{space 2} .0300143{col 44}{space 2} .0122782{col 55}{space 1}    2.44{col 64}{space 3}0.016{col 72}{space 4} .0057511{col 85}{space 3} .0542775
{txt}{space 25}_cons {c |}{col 32}{res}{space 2} .1801316{col 44}{space 2} .0016919{col 55}{space 1}  106.47{col 64}{space 3}0.000{col 72}{space 4} .1767882{col 85}{space 3}  .183475
{txt}{hline 31}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                       sigma_u {c |} {res} .20431852
                       {txt}sigma_e {c |} {res} .35557804
                           {txt}rho {c |} {res} .24821982{txt}   (fraction of variance due to u_i)
{hline 31}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_ln_delta_metersofskyscrapers
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,700
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0189{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.1101{col 63}{txt}avg{col 67}={col 69}{res}      40.4
{txt}     overall = {res}0.0338{col 63}{txt}max{col 67}={col 69}{res}        70

{txt}{col 49}F({res}9{txt},{res}140{txt}){col 67}={col 70}{res}     4.97
{txt}corr(u_i, Xb){col 16}= {res}0.0473{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 96:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 31}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 32}{c |}{col 44}    Robust
{col 1}    ln_firm_strict_count_start{col 32}{c |}      Coef.{col 44}   Std. Err.{col 56}      t{col 64}   P>|t|{col 72}     [95% Con{col 85}f. Interval]
{hline 31}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_ln_delta_metersofskyscrapers {c |}{col 32}{res}{space 2} .0298989{col 44}{space 2} .0117741{col 55}{space 1}    2.54{col 64}{space 3}0.012{col 72}{space 4} .0066209{col 85}{space 3} .0531768
{txt}{space 19}l_rep_score {c |}{col 32}{res}{space 2} .0443099{col 44}{space 2} .0142519{col 55}{space 1}    3.11{col 64}{space 3}0.002{col 72}{space 4} .0161331{col 85}{space 3} .0724867
{txt}{space 20}l_v2x_corr {c |}{col 32}{res}{space 2} .0310446{col 44}{space 2} .0687065{col 55}{space 1}    0.45{col 64}{space 3}0.652{col 72}{space 4}-.1047918{col 85}{space 3}  .166881
{txt}{space 20}l_cw_loint {c |}{col 32}{res}{space 2} .0267243{col 44}{space 2}  .022699{col 55}{space 1}    1.18{col 64}{space 3}0.241{col 72}{space 4}-.0181528{col 85}{space 3} .0716015
{txt}{space 16}l_bin_coup_suc {c |}{col 32}{res}{space 2} .0830331{col 44}{space 2} .0318593{col 55}{space 1}    2.61{col 64}{space 3}0.010{col 72}{space 4} .0200456{col 85}{space 3} .1460206
{txt}{space 20}new_uspres {c |}{col 32}{res}{space 2} .0102853{col 44}{space 2} .0124169{col 55}{space 1}    0.83{col 64}{space 3}0.409{col 72}{space 4}-.0142636{col 85}{space 3} .0348342
{txt}{space 19}cubancrisis {c |}{col 32}{res}{space 2} .0182284{col 44}{space 2} .0321245{col 55}{space 1}    0.57{col 64}{space 3}0.571{col 72}{space 4}-.0452834{col 85}{space 3} .0817403
{txt}{space 20}coldwarend {c |}{col 32}{res}{space 2} .0910295{col 44}{space 2}  .031305{col 55}{space 1}    2.91{col 64}{space 3}0.004{col 72}{space 4} .0291378{col 85}{space 3} .1529213
{txt}{space 19}waronterror {c |}{col 32}{res}{space 2} .0696367{col 44}{space 2}  .030569{col 55}{space 1}    2.28{col 64}{space 3}0.024{col 72}{space 4} .0092002{col 85}{space 3} .1300733
{txt}{space 25}_cons {c |}{col 32}{res}{space 2}-.0822718{col 44}{space 2} .0924241{col 55}{space 1}   -0.89{col 64}{space 3}0.375{col 72}{space 4}-.2649993{col 85}{space 3} .1004556
{txt}{hline 31}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                       sigma_u {c |} {res}  .1774882
                       {txt}sigma_e {c |} {res}  .3833181
                           {txt}rho {c |} {res}  .1765466{txt}   (fraction of variance due to u_i)
{hline 31}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         
.         ****************************************************************************
.         *Table A.3.6. Alternative measures for stabilizing support
.         ****************************************************************************                    
.                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_cw_incom_ter l_cw_incom_gov
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0082{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0552{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0113{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}154{txt}){col 67}={col 70}{res}    11.55
{txt}corr(u_i, Xb){col 16}= {res}0.0126{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_cw_incom_ter {c |}{col 16}{res}{space 2} .0536947{col 28}{space 2} .0428805{col 39}{space 1}    1.25{col 48}{space 3}0.212{col 56}{space 4}-.0310153{col 69}{space 3} .1384047
{txt}l_cw_incom_gov {c |}{col 16}{res}{space 2}  .110155{col 28}{space 2} .0255459{col 39}{space 1}    4.31{col 48}{space 3}0.000{col 56}{space 4} .0596894{col 69}{space 3} .1606207
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1770158{col 28}{space 2} .0039255{col 39}{space 1}   45.09{col 48}{space 3}0.000{col 56}{space 4}  .169261{col 69}{space 3} .1847707
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18284558
       {txt}sigma_e {c |} {res}  .3693227
           {txt}rho {c |} {res} .19685661{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_incom_ter l_cw_incom_gov
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0165{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0605{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0219{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     5.56
{txt}corr(u_i, Xb){col 16}= {res}-0.0180{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2167365{col 28}{space 2} .0782798{col 39}{space 1}    2.77{col 48}{space 3}0.006{col 56}{space 4} .0620374{col 69}{space 3} .3714357
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0348977{col 28}{space 2} .0141484{col 39}{space 1}    2.47{col 48}{space 3}0.015{col 56}{space 4} .0069371{col 69}{space 3} .0628583
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0501971{col 28}{space 2} .0675922{col 39}{space 1}    0.74{col 48}{space 3}0.459{col 56}{space 4}-.0833808{col 69}{space 3}  .183775
{txt}l_cw_incom_ter {c |}{col 16}{res}{space 2} .0282281{col 28}{space 2}  .042011{col 39}{space 1}    0.67{col 48}{space 3}0.503{col 56}{space 4}-.0547955{col 69}{space 3} .1112517
{txt}l_cw_incom_gov {c |}{col 16}{res}{space 2} .0587553{col 28}{space 2} .0274169{col 39}{space 1}    2.14{col 48}{space 3}0.034{col 56}{space 4} .0045731{col 69}{space 3} .1129375
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0721213{col 28}{space 2} .0302041{col 39}{space 1}    2.39{col 48}{space 3}0.018{col 56}{space 4}  .012431{col 69}{space 3} .1318116
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0054281{col 28}{space 2} .0124548{col 39}{space 1}    0.44{col 48}{space 3}0.664{col 56}{space 4}-.0191854{col 69}{space 3} .0300417
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0070569{col 28}{space 2} .0318535{col 39}{space 1}    0.22{col 48}{space 3}0.825{col 56}{space 4}-.0558929{col 69}{space 3} .0700068
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0852108{col 28}{space 2} .0322894{col 39}{space 1}    2.64{col 48}{space 3}0.009{col 56}{space 4} .0213993{col 69}{space 3} .1490223
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2}   .06315{col 28}{space 2} .0290247{col 39}{space 1}    2.18{col 48}{space 3}0.031{col 56}{space 4} .0057903{col 69}{space 3} .1205096
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} -.029747{col 28}{space 2} .0916261{col 39}{space 1}   -0.32{col 48}{space 3}0.746{col 56}{space 4}-.2108216{col 69}{space 3} .1513276
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18560464
       {txt}sigma_e {c |} {res} .39321531
           {txt}rho {c |} {res} .18220534{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.                 
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_bin_coup_regc_suc l_bin_coup_resc_suc
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0019{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0023{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0021{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}154{txt}){col 67}={col 70}{res}     4.59
{txt}corr(u_i, Xb){col 16}= {res}0.0125{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0116

{txt}{ralign 85:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 20}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 21}{c |}{col 33}    Robust
{col 1}ln_firm_strict_c~rt{col 21}{c |}      Coef.{col 33}   Std. Err.{col 45}      t{col 53}   P>|t|{col 61}     [95% Con{col 74}f. Interval]
{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l_bin_coup_regc_suc {c |}{col 21}{res}{space 2} .0840229{col 33}{space 2}  .036678{col 44}{space 1}    2.29{col 53}{space 3}0.023{col 61}{space 4}  .011566{col 74}{space 3} .1564798
{txt}l_bin_coup_resc_suc {c |}{col 21}{res}{space 2} .0978127{col 33}{space 2} .0399957{col 44}{space 1}    2.45{col 53}{space 3}0.016{col 61}{space 4} .0188017{col 74}{space 3} .1768238
{txt}{space 14}_cons {c |}{col 21}{res}{space 2} .1912392{col 33}{space 2} .0009944{col 44}{space 1}  192.31{col 53}{space 3}0.000{col 61}{space 4} .1892747{col 74}{space 3} .1932037
{txt}{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
            sigma_u {c |} {res} .18688128
            {txt}sigma_e {c |} {res} .37049955
                {txt}rho {c |} {res} .20282069{txt}   (fraction of variance due to u_i)
{hline 20}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_regc_suc l_bin_coup_resc_suc                 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0163{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0648{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0233{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     5.35
{txt}corr(u_i, Xb){col 16}= {res}-0.0076{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 85:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 20}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 21}{c |}{col 33}    Robust
{col 1}ln_firm_strict_c~rt{col 21}{c |}      Coef.{col 33}   Std. Err.{col 45}      t{col 53}   P>|t|{col 61}     [95% Con{col 74}f. Interval]
{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}tournament {c |}{col 21}{res}{space 2} .2175261{col 33}{space 2} .0782115{col 44}{space 1}    2.78{col 53}{space 3}0.006{col 61}{space 4}  .062962{col 74}{space 3} .3720903
{txt}{space 8}l_rep_score {c |}{col 21}{res}{space 2} .0363962{col 33}{space 2} .0142068{col 44}{space 1}    2.56{col 53}{space 3}0.011{col 61}{space 4} .0083203{col 74}{space 3}  .064472
{txt}{space 9}l_v2x_corr {c |}{col 21}{res}{space 2} .0560553{col 33}{space 2} .0686329{col 44}{space 1}    0.82{col 53}{space 3}0.415{col 61}{space 4}-.0795794{col 74}{space 3} .1916899
{txt}{space 9}l_cw_loint {c |}{col 21}{res}{space 2} .0485999{col 33}{space 2} .0225798{col 44}{space 1}    2.15{col 53}{space 3}0.033{col 61}{space 4}  .003977{col 74}{space 3} .0932228
{txt}l_bin_coup_regc_suc {c |}{col 21}{res}{space 2} .0716618{col 33}{space 2} .0377573{col 44}{space 1}    1.90{col 53}{space 3}0.060{col 61}{space 4}-.0029555{col 74}{space 3} .1462791
{txt}l_bin_coup_resc_suc {c |}{col 21}{res}{space 2} .0908202{col 33}{space 2} .0415747{col 44}{space 1}    2.18{col 53}{space 3}0.031{col 61}{space 4}  .008659{col 74}{space 3} .1729814
{txt}{space 9}new_uspres {c |}{col 21}{res}{space 2} .0053662{col 33}{space 2} .0125648{col 44}{space 1}    0.43{col 53}{space 3}0.670{col 61}{space 4}-.0194647{col 74}{space 3} .0301972
{txt}{space 8}cubancrisis {c |}{col 21}{res}{space 2} .0075049{col 33}{space 2} .0318406{col 44}{space 1}    0.24{col 53}{space 3}0.814{col 61}{space 4}-.0554196{col 74}{space 3} .0704294
{txt}{space 9}coldwarend {c |}{col 21}{res}{space 2} .0855324{col 33}{space 2} .0322665{col 44}{space 1}    2.65{col 53}{space 3}0.009{col 61}{space 4} .0217663{col 74}{space 3} .1492986
{txt}{space 8}waronterror {c |}{col 21}{res}{space 2} .0626571{col 33}{space 2} .0288195{col 44}{space 1}    2.17{col 53}{space 3}0.031{col 61}{space 4}  .005703{col 74}{space 3} .1196113
{txt}{space 14}_cons {c |}{col 21}{res}{space 2}-.0411647{col 33}{space 2} .0919775{col 44}{space 1}   -0.45{col 53}{space 3}0.655{col 61}{space 4}-.2229337{col 74}{space 3} .1406043
{txt}{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
            sigma_u {c |} {res} .18518938
            {txt}sigma_e {c |} {res} .39326118
                {txt}rho {c |} {res} .18150413{txt}   (fraction of variance due to u_i)
{hline 20}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.                 
.         
.         ****************************************************************************
.         *Table A.3.7. Negative binomial fixed effects regressions
.         ****************************************************************************            
.         
.         *Model 1: Retrieving fixed effects variables  
.         #delimit ;
{txt}delimiter now ;
{com}.         quietly xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         quietly tab cowcode if e(sample)==1, gen(cfe_2_)
{txt}
{com}.         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         nbreg firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 cfe_2_2-cfe_2_148
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 cluster(cowcode)                        
>         ;

{txt}Fitting Poisson model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:  -5078.71}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5047.5477}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5046.1344}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5045.8987}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5045.8416}  
Iteration 5:{space 3}log pseudolikelihood = {res: -5045.828}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5045.8252}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5045.8246}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5045.8245}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5045.8244}  
{res}
{txt}Fitting constant-only model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-5529.3723}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5397.2377}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5395.2776}  
Iteration 3:{space 3}log pseudolikelihood = {res: -5395.276}  
Iteration 4:{space 3}log pseudolikelihood = {res: -5395.276}  
{res}
{txt}Fitting full model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:  -5199.46}  
Iteration 1:{space 3}log pseudolikelihood = {res:-4852.4545}  
Iteration 2:{space 3}log pseudolikelihood = {res:-4745.6852}  
Iteration 3:{space 3}log pseudolikelihood = {res:-4744.5866}  
Iteration 4:{space 3}log pseudolikelihood = {res:-4744.5855}  
Iteration 5:{space 3}log pseudolikelihood = {res:-4744.5855}  
{res}
{txt}Negative binomial regression{col 49}Number of obs{col 67}= {res}     6,396
{txt}{col 49}{help j_robustsingular##|_new:Wald chi2(32)}{col 67}=          {res}.
{txt}{col 1}Dispersion{col 22}= {res}mean{txt}{col 49}Prob > chi2{col 67}=          {res}.
{txt}Log pseudolikelihood = {res}-4744.5855{txt}{col 49}Pseudo R2{col 67}= {res}    0.1206

{txt}{ralign 89:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}firm_strict_count_start{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      z{col 57}   P>|z|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 12}l_rep_score {c |}{col 25}{res}{space 2} .2489506{col 37}{space 2} .0696807{col 48}{space 1}    3.57{col 57}{space 3}0.000{col 65}{space 4}  .112379{col 78}{space 3} .3855223
{txt}{space 13}l_v2x_corr {c |}{col 25}{res}{space 2} .5370092{col 37}{space 2} .4018291{col 48}{space 1}    1.34{col 57}{space 3}0.181{col 65}{space 4}-.2505614{col 78}{space 3}  1.32458
{txt}{space 16}cfe_2_2 {c |}{col 25}{res}{space 2} 1.487542{col 37}{space 2} .1050748{col 48}{space 1}   14.16{col 57}{space 3}0.000{col 65}{space 4}   1.2816{col 78}{space 3} 1.693485
{txt}{space 16}cfe_2_3 {c |}{col 25}{res}{space 2} 1.744624{col 37}{space 2} .1054251{col 48}{space 1}   16.55{col 57}{space 3}0.000{col 65}{space 4} 1.537994{col 78}{space 3} 1.951253
{txt}{space 16}cfe_2_4 {c |}{col 25}{res}{space 2} 1.385623{col 37}{space 2} .1787642{col 48}{space 1}    7.75{col 57}{space 3}0.000{col 65}{space 4} 1.035252{col 78}{space 3} 1.735994
{txt}{space 16}cfe_2_5 {c |}{col 25}{res}{space 2} 1.594423{col 37}{space 2} .0826759{col 48}{space 1}   19.29{col 57}{space 3}0.000{col 65}{space 4} 1.432381{col 78}{space 3} 1.756465
{txt}{space 16}cfe_2_6 {c |}{col 25}{res}{space 2}  .564564{col 37}{space 2} .0962437{col 48}{space 1}    5.87{col 57}{space 3}0.000{col 65}{space 4} .3759299{col 78}{space 3} .7531982
{txt}{space 16}cfe_2_7 {c |}{col 25}{res}{space 2} .0774134{col 37}{space 2} .1171065{col 48}{space 1}    0.66{col 57}{space 3}0.509{col 65}{space 4}-.1521111{col 78}{space 3}  .306938
{txt}{space 16}cfe_2_8 {c |}{col 25}{res}{space 2} .5732659{col 37}{space 2} .0937235{col 48}{space 1}    6.12{col 57}{space 3}0.000{col 65}{space 4} .3895712{col 78}{space 3} .7569605
{txt}{space 16}cfe_2_9 {c |}{col 25}{res}{space 2} .6215858{col 37}{space 2} .1160208{col 48}{space 1}    5.36{col 57}{space 3}0.000{col 65}{space 4} .3941892{col 78}{space 3} .8489824
{txt}{space 15}cfe_2_10 {c |}{col 25}{res}{space 2}  .503896{col 37}{space 2} .0999618{col 48}{space 1}    5.04{col 57}{space 3}0.000{col 65}{space 4} .3079745{col 78}{space 3} .6998175
{txt}{space 15}cfe_2_11 {c |}{col 25}{res}{space 2} 1.140254{col 37}{space 2} .0625227{col 48}{space 1}   18.24{col 57}{space 3}0.000{col 65}{space 4} 1.017712{col 78}{space 3} 1.262796
{txt}{space 15}cfe_2_12 {c |}{col 25}{res}{space 2} .3146913{col 37}{space 2} .0621424{col 48}{space 1}    5.06{col 57}{space 3}0.000{col 65}{space 4} .1928945{col 78}{space 3} .4364881
{txt}{space 15}cfe_2_13 {c |}{col 25}{res}{space 2} 1.011911{col 37}{space 2} .0634515{col 48}{space 1}   15.95{col 57}{space 3}0.000{col 65}{space 4} .8875485{col 78}{space 3} 1.136274
{txt}{space 15}cfe_2_14 {c |}{col 25}{res}{space 2} .3884085{col 37}{space 2} .0958895{col 48}{space 1}    4.05{col 57}{space 3}0.000{col 65}{space 4} .2004685{col 78}{space 3} .5763485
{txt}{space 15}cfe_2_15 {c |}{col 25}{res}{space 2} .0182871{col 37}{space 2} .1603536{col 48}{space 1}    0.11{col 57}{space 3}0.909{col 65}{space 4}-.2960002{col 78}{space 3} .3325743
{txt}{space 15}cfe_2_16 {c |}{col 25}{res}{space 2} .0728939{col 37}{space 2} .0908074{col 48}{space 1}    0.80{col 57}{space 3}0.422{col 65}{space 4}-.1050853{col 78}{space 3} .2508732
{txt}{space 15}cfe_2_17 {c |}{col 25}{res}{space 2}-.3260475{col 37}{space 2} .0253255{col 48}{space 1}  -12.87{col 57}{space 3}0.000{col 65}{space 4}-.3756845{col 78}{space 3}-.2764105
{txt}{space 15}cfe_2_18 {c |}{col 25}{res}{space 2} .7830888{col 37}{space 2} .0397518{col 48}{space 1}   19.70{col 57}{space 3}0.000{col 65}{space 4} .7051767{col 78}{space 3} .8610008
{txt}{space 15}cfe_2_19 {c |}{col 25}{res}{space 2} -.137113{col 37}{space 2} .0905717{col 48}{space 1}   -1.51{col 57}{space 3}0.130{col 65}{space 4}-.3146303{col 78}{space 3} .0404042
{txt}{space 15}cfe_2_20 {c |}{col 25}{res}{space 2}-.9784742{col 37}{space 2} .1397007{col 48}{space 1}   -7.00{col 57}{space 3}0.000{col 65}{space 4}-1.252283{col 78}{space 3}-.7046658
{txt}{space 15}cfe_2_21 {c |}{col 25}{res}{space 2} .6144049{col 37}{space 2}  .152547{col 48}{space 1}    4.03{col 57}{space 3}0.000{col 65}{space 4} .3154183{col 78}{space 3} .9133915
{txt}{space 15}cfe_2_22 {c |}{col 25}{res}{space 2} .9644381{col 37}{space 2} .1115714{col 48}{space 1}    8.64{col 57}{space 3}0.000{col 65}{space 4} .7457622{col 78}{space 3} 1.183114
{txt}{space 15}cfe_2_23 {c |}{col 25}{res}{space 2}-.1230178{col 37}{space 2} .1611527{col 48}{space 1}   -0.76{col 57}{space 3}0.445{col 65}{space 4}-.4388712{col 78}{space 3} .1928357
{txt}{space 15}cfe_2_24 {c |}{col 25}{res}{space 2}  1.39274{col 37}{space 2} .0614837{col 48}{space 1}   22.65{col 57}{space 3}0.000{col 65}{space 4} 1.272234{col 78}{space 3} 1.513246
{txt}{space 15}cfe_2_25 {c |}{col 25}{res}{space 2}-20.70795{col 37}{space 2} 1.012672{col 48}{space 1}  -20.45{col 57}{space 3}0.000{col 65}{space 4}-22.69275{col 78}{space 3}-18.72315
{txt}{space 15}cfe_2_26 {c |}{col 25}{res}{space 2}-.1822438{col 37}{space 2} .1578002{col 48}{space 1}   -1.15{col 57}{space 3}0.248{col 65}{space 4}-.4915265{col 78}{space 3}  .127039
{txt}{space 15}cfe_2_27 {c |}{col 25}{res}{space 2} .5990347{col 37}{space 2} .1665367{col 48}{space 1}    3.60{col 57}{space 3}0.000{col 65}{space 4} .2726288{col 78}{space 3} .9254405
{txt}{space 15}cfe_2_28 {c |}{col 25}{res}{space 2} .4685434{col 37}{space 2} .0856441{col 48}{space 1}    5.47{col 57}{space 3}0.000{col 65}{space 4}  .300684{col 78}{space 3} .6364028
{txt}{space 15}cfe_2_29 {c |}{col 25}{res}{space 2}-.3811384{col 37}{space 2} .0372583{col 48}{space 1}  -10.23{col 57}{space 3}0.000{col 65}{space 4}-.4541634{col 78}{space 3}-.3081135
{txt}{space 15}cfe_2_30 {c |}{col 25}{res}{space 2}-1.328737{col 37}{space 2} .1448658{col 48}{space 1}   -9.17{col 57}{space 3}0.000{col 65}{space 4}-1.612668{col 78}{space 3}-1.044805
{txt}{space 15}cfe_2_31 {c |}{col 25}{res}{space 2}-20.15991{col 37}{space 2}  1.01813{col 48}{space 1}  -19.80{col 57}{space 3}0.000{col 65}{space 4}-22.15541{col 78}{space 3}-18.16442
{txt}{space 15}cfe_2_32 {c |}{col 25}{res}{space 2} .7639743{col 37}{space 2} .1182879{col 48}{space 1}    6.46{col 57}{space 3}0.000{col 65}{space 4} .5321342{col 78}{space 3} .9958144
{txt}{space 15}cfe_2_33 {c |}{col 25}{res}{space 2}  1.32753{col 37}{space 2} .0134889{col 48}{space 1}   98.42{col 57}{space 3}0.000{col 65}{space 4} 1.301092{col 78}{space 3} 1.353968
{txt}{space 15}cfe_2_34 {c |}{col 25}{res}{space 2} .1322076{col 37}{space 2} .0496292{col 48}{space 1}    2.66{col 57}{space 3}0.008{col 65}{space 4} .0349362{col 78}{space 3} .2294791
{txt}{space 15}cfe_2_35 {c |}{col 25}{res}{space 2}-.3445092{col 37}{space 2} .0813691{col 48}{space 1}   -4.23{col 57}{space 3}0.000{col 65}{space 4}-.5039898{col 78}{space 3}-.1850287
{txt}{space 15}cfe_2_36 {c |}{col 25}{res}{space 2} 1.523429{col 37}{space 2} .1882847{col 48}{space 1}    8.09{col 57}{space 3}0.000{col 65}{space 4} 1.154398{col 78}{space 3}  1.89246
{txt}{space 15}cfe_2_37 {c |}{col 25}{res}{space 2} .7209586{col 37}{space 2} .0831593{col 48}{space 1}    8.67{col 57}{space 3}0.000{col 65}{space 4} .5579693{col 78}{space 3} .8839479
{txt}{space 15}cfe_2_38 {c |}{col 25}{res}{space 2}-.2491604{col 37}{space 2} .1322415{col 48}{space 1}   -1.88{col 57}{space 3}0.060{col 65}{space 4} -.508349{col 78}{space 3} .0100282
{txt}{space 15}cfe_2_39 {c |}{col 25}{res}{space 2}-1.610832{col 37}{space 2} .1102147{col 48}{space 1}  -14.62{col 57}{space 3}0.000{col 65}{space 4}-1.826849{col 78}{space 3}-1.394816
{txt}{space 15}cfe_2_40 {c |}{col 25}{res}{space 2}-20.56294{col 37}{space 2} 1.011167{col 48}{space 1}  -20.34{col 57}{space 3}0.000{col 65}{space 4}-22.54479{col 78}{space 3}-18.58109
{txt}{space 15}cfe_2_41 {c |}{col 25}{res}{space 2} .4227647{col 37}{space 2} .1112348{col 48}{space 1}    3.80{col 57}{space 3}0.000{col 65}{space 4} .2047486{col 78}{space 3} .6407809
{txt}{space 15}cfe_2_42 {c |}{col 25}{res}{space 2} 1.238661{col 37}{space 2} .0762936{col 48}{space 1}   16.24{col 57}{space 3}0.000{col 65}{space 4} 1.089129{col 78}{space 3} 1.388194
{txt}{space 15}cfe_2_43 {c |}{col 25}{res}{space 2}-20.27495{col 37}{space 2} 1.020757{col 48}{space 1}  -19.86{col 57}{space 3}0.000{col 65}{space 4} -22.2756{col 78}{space 3}-18.27431
{txt}{space 15}cfe_2_44 {c |}{col 25}{res}{space 2} .7342351{col 37}{space 2} .1027461{col 48}{space 1}    7.15{col 57}{space 3}0.000{col 65}{space 4} .5328564{col 78}{space 3} .9356137
{txt}{space 15}cfe_2_45 {c |}{col 25}{res}{space 2} -.897783{col 37}{space 2} .1120455{col 48}{space 1}   -8.01{col 57}{space 3}0.000{col 65}{space 4}-1.117388{col 78}{space 3}-.6781779
{txt}{space 15}cfe_2_46 {c |}{col 25}{res}{space 2}-1.017244{col 37}{space 2} .1198454{col 48}{space 1}   -8.49{col 57}{space 3}0.000{col 65}{space 4}-1.252137{col 78}{space 3}-.7823517
{txt}{space 15}cfe_2_47 {c |}{col 25}{res}{space 2} 1.297722{col 37}{space 2} .0284919{col 48}{space 1}   45.55{col 57}{space 3}0.000{col 65}{space 4} 1.241879{col 78}{space 3} 1.353565
{txt}{space 15}cfe_2_48 {c |}{col 25}{res}{space 2}  1.31121{col 37}{space 2}  .136501{col 48}{space 1}    9.61{col 57}{space 3}0.000{col 65}{space 4} 1.043673{col 78}{space 3} 1.578747
{txt}{space 15}cfe_2_49 {c |}{col 25}{res}{space 2}-20.19609{col 37}{space 2} 1.019087{col 48}{space 1}  -19.82{col 57}{space 3}0.000{col 65}{space 4}-22.19346{col 78}{space 3}-18.19872
{txt}{space 15}cfe_2_50 {c |}{col 25}{res}{space 2}-20.21168{col 37}{space 2} 1.021121{col 48}{space 1}  -19.79{col 57}{space 3}0.000{col 65}{space 4}-22.21304{col 78}{space 3}-18.21032
{txt}{space 15}cfe_2_51 {c |}{col 25}{res}{space 2}-1.139161{col 37}{space 2} .1025032{col 48}{space 1}  -11.11{col 57}{space 3}0.000{col 65}{space 4}-1.340064{col 78}{space 3}-.9382586
{txt}{space 15}cfe_2_52 {c |}{col 25}{res}{space 2}-.3382957{col 37}{space 2} .1179501{col 48}{space 1}   -2.87{col 57}{space 3}0.004{col 65}{space 4}-.5694737{col 78}{space 3}-.1071177
{txt}{space 15}cfe_2_53 {c |}{col 25}{res}{space 2}-.2629473{col 37}{space 2} .1214457{col 48}{space 1}   -2.17{col 57}{space 3}0.030{col 65}{space 4}-.5009765{col 78}{space 3}-.0249181
{txt}{space 15}cfe_2_54 {c |}{col 25}{res}{space 2}-1.059914{col 37}{space 2} .0567982{col 48}{space 1}  -18.66{col 57}{space 3}0.000{col 65}{space 4}-1.171236{col 78}{space 3}-.9485913
{txt}{space 15}cfe_2_55 {c |}{col 25}{res}{space 2} -1.56922{col 37}{space 2} .1261987{col 48}{space 1}  -12.43{col 57}{space 3}0.000{col 65}{space 4}-1.816565{col 78}{space 3}-1.321875
{txt}{space 15}cfe_2_56 {c |}{col 25}{res}{space 2}-1.311709{col 37}{space 2} .0603948{col 48}{space 1}  -21.72{col 57}{space 3}0.000{col 65}{space 4} -1.43008{col 78}{space 3}-1.193337
{txt}{space 15}cfe_2_57 {c |}{col 25}{res}{space 2}-.7328585{col 37}{space 2} .0947838{col 48}{space 1}   -7.73{col 57}{space 3}0.000{col 65}{space 4}-.9186313{col 78}{space 3}-.5470857
{txt}{space 15}cfe_2_58 {c |}{col 25}{res}{space 2}-2.112916{col 37}{space 2} .0665851{col 48}{space 1}  -31.73{col 57}{space 3}0.000{col 65}{space 4}-2.243421{col 78}{space 3}-1.982412
{txt}{space 15}cfe_2_59 {c |}{col 25}{res}{space 2} 1.047071{col 37}{space 2} .0514058{col 48}{space 1}   20.37{col 57}{space 3}0.000{col 65}{space 4} .9463179{col 78}{space 3} 1.147825
{txt}{space 15}cfe_2_60 {c |}{col 25}{res}{space 2}-.4560283{col 37}{space 2}  .069598{col 48}{space 1}   -6.55{col 57}{space 3}0.000{col 65}{space 4}-.5924379{col 78}{space 3}-.3196187
{txt}{space 15}cfe_2_61 {c |}{col 25}{res}{space 2}-.6647353{col 37}{space 2} .0994041{col 48}{space 1}   -6.69{col 57}{space 3}0.000{col 65}{space 4}-.8595638{col 78}{space 3}-.4699069
{txt}{space 15}cfe_2_62 {c |}{col 25}{res}{space 2} 1.207881{col 37}{space 2}  .095892{col 48}{space 1}   12.60{col 57}{space 3}0.000{col 65}{space 4} 1.019936{col 78}{space 3} 1.395826
{txt}{space 15}cfe_2_63 {c |}{col 25}{res}{space 2}-.2412632{col 37}{space 2} .0768703{col 48}{space 1}   -3.14{col 57}{space 3}0.002{col 65}{space 4}-.3919262{col 78}{space 3}-.0906003
{txt}{space 15}cfe_2_64 {c |}{col 25}{res}{space 2} .2308559{col 37}{space 2} .0530578{col 48}{space 1}    4.35{col 57}{space 3}0.000{col 65}{space 4} .1268646{col 78}{space 3} .3348473
{txt}{space 15}cfe_2_65 {c |}{col 25}{res}{space 2}-.0005006{col 37}{space 2} .0700047{col 48}{space 1}   -0.01{col 57}{space 3}0.994{col 65}{space 4}-.1377073{col 78}{space 3} .1367061
{txt}{space 15}cfe_2_66 {c |}{col 25}{res}{space 2} .1478197{col 37}{space 2} .0907244{col 48}{space 1}    1.63{col 57}{space 3}0.103{col 65}{space 4}-.0299969{col 78}{space 3} .3256363
{txt}{space 15}cfe_2_67 {c |}{col 25}{res}{space 2} 1.299463{col 37}{space 2}  .109696{col 48}{space 1}   11.85{col 57}{space 3}0.000{col 65}{space 4} 1.084463{col 78}{space 3} 1.514463
{txt}{space 15}cfe_2_68 {c |}{col 25}{res}{space 2} 1.068121{col 37}{space 2} .1645009{col 48}{space 1}    6.49{col 57}{space 3}0.000{col 65}{space 4} .7457055{col 78}{space 3} 1.390537
{txt}{space 15}cfe_2_69 {c |}{col 25}{res}{space 2}-1.861395{col 37}{space 2} .0971529{col 48}{space 1}  -19.16{col 57}{space 3}0.000{col 65}{space 4}-2.051811{col 78}{space 3}-1.670979
{txt}{space 15}cfe_2_70 {c |}{col 25}{res}{space 2}-1.416832{col 37}{space 2} .0866056{col 48}{space 1}  -16.36{col 57}{space 3}0.000{col 65}{space 4}-1.586576{col 78}{space 3}-1.247088
{txt}{space 15}cfe_2_71 {c |}{col 25}{res}{space 2} .5793225{col 37}{space 2} .0971016{col 48}{space 1}    5.97{col 57}{space 3}0.000{col 65}{space 4} .3890068{col 78}{space 3} .7696381
{txt}{space 15}cfe_2_72 {c |}{col 25}{res}{space 2} .7604412{col 37}{space 2} .1134263{col 48}{space 1}    6.70{col 57}{space 3}0.000{col 65}{space 4} .5381297{col 78}{space 3} .9827527
{txt}{space 15}cfe_2_73 {c |}{col 25}{res}{space 2}-.1974885{col 37}{space 2} .0773645{col 48}{space 1}   -2.55{col 57}{space 3}0.011{col 65}{space 4}-.3491201{col 78}{space 3}-.0458568
{txt}{space 15}cfe_2_74 {c |}{col 25}{res}{space 2} .1039339{col 37}{space 2} .0832076{col 48}{space 1}    1.25{col 57}{space 3}0.212{col 65}{space 4}-.0591501{col 78}{space 3} .2670179
{txt}{space 15}cfe_2_75 {c |}{col 25}{res}{space 2}-.6475517{col 37}{space 2}  .113766{col 48}{space 1}   -5.69{col 57}{space 3}0.000{col 65}{space 4}-.8705289{col 78}{space 3}-.4245745
{txt}{space 15}cfe_2_76 {c |}{col 25}{res}{space 2}-20.52657{col 37}{space 2} 1.018443{col 48}{space 1}  -20.15{col 57}{space 3}0.000{col 65}{space 4}-22.52269{col 78}{space 3}-18.53046
{txt}{space 15}cfe_2_77 {c |}{col 25}{res}{space 2} -1.82119{col 37}{space 2}  .039446{col 48}{space 1}  -46.17{col 57}{space 3}0.000{col 65}{space 4}-1.898503{col 78}{space 3}-1.743877
{txt}{space 15}cfe_2_78 {c |}{col 25}{res}{space 2}-.3552299{col 37}{space 2} .0465892{col 48}{space 1}   -7.62{col 57}{space 3}0.000{col 65}{space 4}-.4465431{col 78}{space 3}-.2639167
{txt}{space 15}cfe_2_79 {c |}{col 25}{res}{space 2} .6943584{col 37}{space 2}  .081251{col 48}{space 1}    8.55{col 57}{space 3}0.000{col 65}{space 4} .5351093{col 78}{space 3} .8536074
{txt}{space 15}cfe_2_80 {c |}{col 25}{res}{space 2} -1.20805{col 37}{space 2} .0890714{col 48}{space 1}  -13.56{col 57}{space 3}0.000{col 65}{space 4}-1.382627{col 78}{space 3}-1.033474
{txt}{space 15}cfe_2_81 {c |}{col 25}{res}{space 2}-.0163776{col 37}{space 2} .0310683{col 48}{space 1}   -0.53{col 57}{space 3}0.598{col 65}{space 4}-.0772702{col 78}{space 3} .0445151
{txt}{space 15}cfe_2_82 {c |}{col 25}{res}{space 2}-.0266414{col 37}{space 2} .0133833{col 48}{space 1}   -1.99{col 57}{space 3}0.047{col 65}{space 4}-.0528722{col 78}{space 3}-.0004105
{txt}{space 15}cfe_2_83 {c |}{col 25}{res}{space 2}  .636785{col 37}{space 2} .0632769{col 48}{space 1}   10.06{col 57}{space 3}0.000{col 65}{space 4} .5127645{col 78}{space 3} .7608054
{txt}{space 15}cfe_2_84 {c |}{col 25}{res}{space 2}-.6491731{col 37}{space 2} .0829102{col 48}{space 1}   -7.83{col 57}{space 3}0.000{col 65}{space 4}-.8116741{col 78}{space 3}-.4866721
{txt}{space 15}cfe_2_85 {c |}{col 25}{res}{space 2}-.0511413{col 37}{space 2} .1135055{col 48}{space 1}   -0.45{col 57}{space 3}0.652{col 65}{space 4}-.2736079{col 78}{space 3} .1713254
{txt}{space 15}cfe_2_86 {c |}{col 25}{res}{space 2}-1.120635{col 37}{space 2} .0081863{col 48}{space 1} -136.89{col 57}{space 3}0.000{col 65}{space 4} -1.13668{col 78}{space 3} -1.10459
{txt}{space 15}cfe_2_87 {c |}{col 25}{res}{space 2}-.8338562{col 37}{space 2} .1311165{col 48}{space 1}   -6.36{col 57}{space 3}0.000{col 65}{space 4} -1.09084{col 78}{space 3}-.5768725
{txt}{space 15}cfe_2_88 {c |}{col 25}{res}{space 2} .8502157{col 37}{space 2}  .078182{col 48}{space 1}   10.87{col 57}{space 3}0.000{col 65}{space 4} .6969819{col 78}{space 3}  1.00345
{txt}{space 15}cfe_2_89 {c |}{col 25}{res}{space 2}-20.77271{col 37}{space 2} 1.006295{col 48}{space 1}  -20.64{col 57}{space 3}0.000{col 65}{space 4}-22.74501{col 78}{space 3}-18.80041
{txt}{space 15}cfe_2_90 {c |}{col 25}{res}{space 2}-1.276366{col 37}{space 2} .0772066{col 48}{space 1}  -16.53{col 57}{space 3}0.000{col 65}{space 4}-1.427688{col 78}{space 3}-1.125043
{txt}{space 15}cfe_2_91 {c |}{col 25}{res}{space 2}-.3595706{col 37}{space 2} .1012021{col 48}{space 1}   -3.55{col 57}{space 3}0.000{col 65}{space 4}-.5579231{col 78}{space 3} -.161218
{txt}{space 15}cfe_2_92 {c |}{col 25}{res}{space 2}-1.817172{col 37}{space 2} .1013958{col 48}{space 1}  -17.92{col 57}{space 3}0.000{col 65}{space 4}-2.015904{col 78}{space 3} -1.61844
{txt}{space 15}cfe_2_93 {c |}{col 25}{res}{space 2}-2.179363{col 37}{space 2} .1249876{col 48}{space 1}  -17.44{col 57}{space 3}0.000{col 65}{space 4}-2.424335{col 78}{space 3}-1.934392
{txt}{space 15}cfe_2_94 {c |}{col 25}{res}{space 2}-.0087886{col 37}{space 2} .1343544{col 48}{space 1}   -0.07{col 57}{space 3}0.948{col 65}{space 4}-.2721184{col 78}{space 3} .2545413
{txt}{space 15}cfe_2_95 {c |}{col 25}{res}{space 2} 1.272297{col 37}{space 2} .0656692{col 48}{space 1}   19.37{col 57}{space 3}0.000{col 65}{space 4} 1.143588{col 78}{space 3} 1.401007
{txt}{space 15}cfe_2_96 {c |}{col 25}{res}{space 2} .2982445{col 37}{space 2} .0303994{col 48}{space 1}    9.81{col 57}{space 3}0.000{col 65}{space 4} .2386627{col 78}{space 3} .3578263
{txt}{space 15}cfe_2_97 {c |}{col 25}{res}{space 2}-.1563959{col 37}{space 2} .0491867{col 48}{space 1}   -3.18{col 57}{space 3}0.001{col 65}{space 4}-.2528002{col 78}{space 3}-.0599917
{txt}{space 15}cfe_2_98 {c |}{col 25}{res}{space 2}-.0704528{col 37}{space 2} .0754748{col 48}{space 1}   -0.93{col 57}{space 3}0.351{col 65}{space 4}-.2183807{col 78}{space 3} .0774752
{txt}{space 15}cfe_2_99 {c |}{col 25}{res}{space 2}  .053101{col 37}{space 2} .0832546{col 48}{space 1}    0.64{col 57}{space 3}0.524{col 65}{space 4} -.110075{col 78}{space 3}  .216277
{txt}{space 14}cfe_2_100 {c |}{col 25}{res}{space 2} .0326407{col 37}{space 2} .1303522{col 48}{space 1}    0.25{col 57}{space 3}0.802{col 65}{space 4} -.222845{col 78}{space 3} .2881264
{txt}{space 14}cfe_2_101 {c |}{col 25}{res}{space 2}-.0764219{col 37}{space 2}  .052504{col 48}{space 1}   -1.46{col 57}{space 3}0.146{col 65}{space 4}-.1793278{col 78}{space 3} .0264841
{txt}{space 14}cfe_2_102 {c |}{col 25}{res}{space 2}   1.4887{col 37}{space 2} .0125216{col 48}{space 1}  118.89{col 57}{space 3}0.000{col 65}{space 4} 1.464158{col 78}{space 3} 1.513241
{txt}{space 14}cfe_2_103 {c |}{col 25}{res}{space 2} .3943225{col 37}{space 2} .0843498{col 48}{space 1}    4.67{col 57}{space 3}0.000{col 65}{space 4} .2289999{col 78}{space 3} .5596452
{txt}{space 14}cfe_2_104 {c |}{col 25}{res}{space 2} .8446487{col 37}{space 2} .0484947{col 48}{space 1}   17.42{col 57}{space 3}0.000{col 65}{space 4} .7496009{col 78}{space 3} .9396965
{txt}{space 14}cfe_2_105 {c |}{col 25}{res}{space 2}-1.228032{col 37}{space 2} .0601432{col 48}{space 1}  -20.42{col 57}{space 3}0.000{col 65}{space 4} -1.34591{col 78}{space 3}-1.110153
{txt}{space 14}cfe_2_106 {c |}{col 25}{res}{space 2}-.3883222{col 37}{space 2}  .046557{col 48}{space 1}   -8.34{col 57}{space 3}0.000{col 65}{space 4}-.4795722{col 78}{space 3}-.2970721
{txt}{space 14}cfe_2_107 {c |}{col 25}{res}{space 2} .7202797{col 37}{space 2}  .070405{col 48}{space 1}   10.23{col 57}{space 3}0.000{col 65}{space 4} .5822885{col 78}{space 3} .8582709
{txt}{space 14}cfe_2_108 {c |}{col 25}{res}{space 2} 1.907484{col 37}{space 2} .0709153{col 48}{space 1}   26.90{col 57}{space 3}0.000{col 65}{space 4} 1.768493{col 78}{space 3} 2.046476
{txt}{space 14}cfe_2_109 {c |}{col 25}{res}{space 2}-.6010756{col 37}{space 2} .0957267{col 48}{space 1}   -6.28{col 57}{space 3}0.000{col 65}{space 4}-.7886965{col 78}{space 3}-.4134546
{txt}{space 14}cfe_2_110 {c |}{col 25}{res}{space 2}-.7414758{col 37}{space 2} .1112618{col 48}{space 1}   -6.66{col 57}{space 3}0.000{col 65}{space 4}-.9595449{col 78}{space 3}-.5234066
{txt}{space 14}cfe_2_111 {c |}{col 25}{res}{space 2}-1.582839{col 37}{space 2} .1935054{col 48}{space 1}   -8.18{col 57}{space 3}0.000{col 65}{space 4}-1.962103{col 78}{space 3}-1.203575
{txt}{space 14}cfe_2_112 {c |}{col 25}{res}{space 2} .4091145{col 37}{space 2} .1034561{col 48}{space 1}    3.95{col 57}{space 3}0.000{col 65}{space 4} .2063444{col 78}{space 3} .6118846
{txt}{space 14}cfe_2_113 {c |}{col 25}{res}{space 2} 1.431747{col 37}{space 2} .1014539{col 48}{space 1}   14.11{col 57}{space 3}0.000{col 65}{space 4} 1.232901{col 78}{space 3} 1.630593
{txt}{space 14}cfe_2_114 {c |}{col 25}{res}{space 2} 2.281265{col 37}{space 2} .1980155{col 48}{space 1}   11.52{col 57}{space 3}0.000{col 65}{space 4} 1.893162{col 78}{space 3} 2.669369
{txt}{space 14}cfe_2_115 {c |}{col 25}{res}{space 2} 1.849877{col 37}{space 2} .2210014{col 48}{space 1}    8.37{col 57}{space 3}0.000{col 65}{space 4} 1.416722{col 78}{space 3} 2.283032
{txt}{space 14}cfe_2_116 {c |}{col 25}{res}{space 2}-.2682249{col 37}{space 2} .1525799{col 48}{space 1}   -1.76{col 57}{space 3}0.079{col 65}{space 4}-.5672761{col 78}{space 3} .0308263
{txt}{space 14}cfe_2_117 {c |}{col 25}{res}{space 2}-.3096468{col 37}{space 2} .0495944{col 48}{space 1}   -6.24{col 57}{space 3}0.000{col 65}{space 4}  -.40685{col 78}{space 3}-.2124435
{txt}{space 14}cfe_2_118 {c |}{col 25}{res}{space 2}-1.370149{col 37}{space 2} .1461474{col 48}{space 1}   -9.38{col 57}{space 3}0.000{col 65}{space 4}-1.656593{col 78}{space 3}-1.083706
{txt}{space 14}cfe_2_119 {c |}{col 25}{res}{space 2}-1.086795{col 37}{space 2} .1144942{col 48}{space 1}   -9.49{col 57}{space 3}0.000{col 65}{space 4}-1.311199{col 78}{space 3}-.8623902
{txt}{space 14}cfe_2_120 {c |}{col 25}{res}{space 2}-.1168476{col 37}{space 2} .1323938{col 48}{space 1}   -0.88{col 57}{space 3}0.377{col 65}{space 4}-.3763347{col 78}{space 3} .1426394
{txt}{space 14}cfe_2_121 {c |}{col 25}{res}{space 2} .8067425{col 37}{space 2} .0991517{col 48}{space 1}    8.14{col 57}{space 3}0.000{col 65}{space 4} .6124088{col 78}{space 3} 1.001076
{txt}{space 14}cfe_2_122 {c |}{col 25}{res}{space 2}  1.57824{col 37}{space 2} .1216313{col 48}{space 1}   12.98{col 57}{space 3}0.000{col 65}{space 4} 1.339847{col 78}{space 3} 1.816633
{txt}{space 14}cfe_2_123 {c |}{col 25}{res}{space 2} .9207226{col 37}{space 2}  .104303{col 48}{space 1}    8.83{col 57}{space 3}0.000{col 65}{space 4} .7162925{col 78}{space 3} 1.125153
{txt}{space 14}cfe_2_124 {c |}{col 25}{res}{space 2}-1.461988{col 37}{space 2} .2827637{col 48}{space 1}   -5.17{col 57}{space 3}0.000{col 65}{space 4}-2.016195{col 78}{space 3}-.9077817
{txt}{space 14}cfe_2_125 {c |}{col 25}{res}{space 2} 1.343631{col 37}{space 2} .0586805{col 48}{space 1}   22.90{col 57}{space 3}0.000{col 65}{space 4}  1.22862{col 78}{space 3} 1.458643
{txt}{space 14}cfe_2_126 {c |}{col 25}{res}{space 2}-2.568424{col 37}{space 2}  .062383{col 48}{space 1}  -41.17{col 57}{space 3}0.000{col 65}{space 4}-2.690692{col 78}{space 3}-2.446155
{txt}{space 14}cfe_2_127 {c |}{col 25}{res}{space 2} 1.534934{col 37}{space 2} .0250149{col 48}{space 1}   61.36{col 57}{space 3}0.000{col 65}{space 4} 1.485906{col 78}{space 3} 1.583963
{txt}{space 14}cfe_2_128 {c |}{col 25}{res}{space 2} .1524998{col 37}{space 2} .1928742{col 48}{space 1}    0.79{col 57}{space 3}0.429{col 65}{space 4}-.2255267{col 78}{space 3} .5305262
{txt}{space 14}cfe_2_129 {c |}{col 25}{res}{space 2}  1.60756{col 37}{space 2} .1035243{col 48}{space 1}   15.53{col 57}{space 3}0.000{col 65}{space 4} 1.404656{col 78}{space 3} 1.810464
{txt}{space 14}cfe_2_130 {c |}{col 25}{res}{space 2}-19.94526{col 37}{space 2} 1.027921{col 48}{space 1}  -19.40{col 57}{space 3}0.000{col 65}{space 4}-21.95995{col 78}{space 3}-17.93057
{txt}{space 14}cfe_2_131 {c |}{col 25}{res}{space 2} .7906328{col 37}{space 2} .0474185{col 48}{space 1}   16.67{col 57}{space 3}0.000{col 65}{space 4} .6976942{col 78}{space 3} .8835714
{txt}{space 14}cfe_2_132 {c |}{col 25}{res}{space 2}-.2993148{col 37}{space 2} .1017512{col 48}{space 1}   -2.94{col 57}{space 3}0.003{col 65}{space 4}-.4987434{col 78}{space 3}-.0998861
{txt}{space 14}cfe_2_133 {c |}{col 25}{res}{space 2}-1.030009{col 37}{space 2} .0879835{col 48}{space 1}  -11.71{col 57}{space 3}0.000{col 65}{space 4}-1.202453{col 78}{space 3}-.8575641
{txt}{space 14}cfe_2_134 {c |}{col 25}{res}{space 2} 1.118097{col 37}{space 2} .0577765{col 48}{space 1}   19.35{col 57}{space 3}0.000{col 65}{space 4} 1.004858{col 78}{space 3} 1.231337
{txt}{space 14}cfe_2_135 {c |}{col 25}{res}{space 2}-1.144804{col 37}{space 2} .1468873{col 48}{space 1}   -7.79{col 57}{space 3}0.000{col 65}{space 4}-1.432698{col 78}{space 3}-.8569104
{txt}{space 14}cfe_2_136 {c |}{col 25}{res}{space 2}-1.565823{col 37}{space 2} .0962786{col 48}{space 1}  -16.26{col 57}{space 3}0.000{col 65}{space 4}-1.754526{col 78}{space 3}-1.377121
{txt}{space 14}cfe_2_137 {c |}{col 25}{res}{space 2} .9565522{col 37}{space 2} .0747063{col 48}{space 1}   12.80{col 57}{space 3}0.000{col 65}{space 4} .8101306{col 78}{space 3} 1.102974
{txt}{space 14}cfe_2_138 {c |}{col 25}{res}{space 2}-.5722569{col 37}{space 2} .0323928{col 48}{space 1}  -17.67{col 57}{space 3}0.000{col 65}{space 4}-.6357457{col 78}{space 3}-.5087682
{txt}{space 14}cfe_2_139 {c |}{col 25}{res}{space 2} -3.05898{col 37}{space 2} .0740087{col 48}{space 1}  -41.33{col 57}{space 3}0.000{col 65}{space 4}-3.204034{col 78}{space 3}-2.913926
{txt}{space 14}cfe_2_140 {c |}{col 25}{res}{space 2}-.4940009{col 37}{space 2} .0861164{col 48}{space 1}   -5.74{col 57}{space 3}0.000{col 65}{space 4} -.662786{col 78}{space 3}-.3252158
{txt}{space 14}cfe_2_141 {c |}{col 25}{res}{space 2}-.0200661{col 37}{space 2} .0882097{col 48}{space 1}   -0.23{col 57}{space 3}0.820{col 65}{space 4} -.192954{col 78}{space 3} .1528217
{txt}{space 14}cfe_2_142 {c |}{col 25}{res}{space 2} .3123608{col 37}{space 2} .0663015{col 48}{space 1}    4.71{col 57}{space 3}0.000{col 65}{space 4} .1824122{col 78}{space 3} .4423094
{txt}{space 14}cfe_2_143 {c |}{col 25}{res}{space 2} 1.079247{col 37}{space 2} .2582135{col 48}{space 1}    4.18{col 57}{space 3}0.000{col 65}{space 4} .5731582{col 78}{space 3} 1.585336
{txt}{space 14}cfe_2_144 {c |}{col 25}{res}{space 2} .9672635{col 37}{space 2} .0870477{col 48}{space 1}   11.11{col 57}{space 3}0.000{col 65}{space 4} .7966532{col 78}{space 3} 1.137874
{txt}{space 14}cfe_2_145 {c |}{col 25}{res}{space 2} .7128906{col 37}{space 2} .1193819{col 48}{space 1}    5.97{col 57}{space 3}0.000{col 65}{space 4} .4789063{col 78}{space 3} .9468749
{txt}{space 14}cfe_2_146 {c |}{col 25}{res}{space 2}-1.119203{col 37}{space 2} .0905715{col 48}{space 1}  -12.36{col 57}{space 3}0.000{col 65}{space 4} -1.29672{col 78}{space 3}-.9416864
{txt}{space 14}cfe_2_147 {c |}{col 25}{res}{space 2}-20.44334{col 37}{space 2} 1.007017{col 48}{space 1}  -20.30{col 57}{space 3}0.000{col 65}{space 4}-22.41706{col 78}{space 3}-18.46963
{txt}{space 14}cfe_2_148 {c |}{col 25}{res}{space 2}-.1570518{col 37}{space 2} .1878658{col 48}{space 1}   -0.84{col 57}{space 3}0.403{col 65}{space 4} -.525262{col 78}{space 3} .2111584
{txt}{space 18}_cons {c |}{col 25}{res}{space 2}-3.117596{col 37}{space 2} .4887559{col 48}{space 1}   -6.38{col 57}{space 3}0.000{col 65}{space 4} -4.07554{col 78}{space 3}-2.159652
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 15}/lnalpha {c |}{col 25}{res}{space 2} .0713427{col 37}{space 2} .1085953{col 65}{space 4}-.1415002{col 78}{space 3} .2841855
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                  alpha {c |}{col 25}{res}{space 2} 1.073949{col 37}{space 2} .1166258{col 65}{space 4}  .868055{col 78}{space 3} 1.328679
{txt}{hline 24}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Dropping fixed effects variables
.         drop cfe_2_1-cfe_2_148  
{txt}
{com}.         
.         *Model 2: Retrieving fixed effects variables 
.         #delimit ;
{txt}delimiter now ;
{com}.         quietly xtreg ln_firm_strict_count_start 
>                 tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         quietly tab cowcode if e(sample)==1, gen(cfe_1_)
{txt}
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         nbreg firm_strict_count_start 
>                 tournament
>                 cfe_1_2-cfe_1_165
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 cluster(cowcode)        
>         ;

{txt}Fitting Poisson model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-9194.5026}  
Iteration 1:{space 3}log pseudolikelihood = {res:-7051.6237}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5896.9596}  
Iteration 3:{space 3}log pseudolikelihood = {res: -5749.083}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5712.5239}  
Iteration 5:{space 3}log pseudolikelihood = {res: -5707.814}  
Iteration 6:{space 3}log pseudolikelihood = {res: -5707.561}  
Iteration 7:{space 3}log pseudolikelihood = {res: -5707.556}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5707.5549}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5707.5546}  
Iteration 10:{space 2}log pseudolikelihood = {res:-5707.5546}  
Iteration 11:{space 2}log pseudolikelihood = {res:-5707.5546}  
{res}
{txt}Fitting constant-only model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6380.8393}  
Iteration 1:{space 3}log pseudolikelihood = {res:-6328.7613}  
Iteration 2:{space 3}log pseudolikelihood = {res:-6133.7618}  
Iteration 3:{space 3}log pseudolikelihood = {res:-6133.2216}  
Iteration 4:{space 3}log pseudolikelihood = {res:-6133.2215}  
{res}
{txt}Fitting full model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6133.2215}  
Iteration 1:{space 3}log pseudolikelihood = {res: -5844.419}  (not concave)
Iteration 2:{space 3}log pseudolikelihood = {res:-5546.2917}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5330.5355}  
Iteration 4:{space 3}log pseudolikelihood = {res: -5310.284}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5309.6433}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5309.4931}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5309.4596}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5309.4521}  
Iteration 9:{space 3}log pseudolikelihood = {res: -5309.451}  
Iteration 10:{space 2}log pseudolikelihood = {res:-5309.4508}  
Iteration 11:{space 2}log pseudolikelihood = {res:-5309.4508}  
{res}
{txt}Negative binomial regression{col 49}Number of obs{col 67}= {res}     8,222
{txt}{col 49}{help j_robustsingular##|_new:Wald chi2(163)}{col 67}=          {res}.
{txt}{col 1}Dispersion{col 22}= {res}mean{txt}{col 49}Prob > chi2{col 67}=          {res}.
{txt}Log pseudolikelihood = {res}-5309.4508{txt}{col 49}Pseudo R2{col 67}= {res}    0.1343

{txt}{ralign 89:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}firm_strict_count_start{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      z{col 57}   P>|z|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 13}tournament {c |}{col 25}{res}{space 2} .6640192{col 37}{space 2} .3033802{col 48}{space 1}    2.19{col 57}{space 3}0.029{col 65}{space 4}  .069405{col 78}{space 3} 1.258633
{txt}{space 16}cfe_1_2 {c |}{col 25}{res}{space 2} 1.581714{col 37}{space 2} .0000833{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} 1.581551{col 78}{space 3} 1.581878
{txt}{space 16}cfe_1_3 {c |}{col 25}{res}{space 2}   1.7239{col 37}{space 2} .0000831{col 48}{space 1} 2.1e+04{col 57}{space 3}0.000{col 65}{space 4} 1.723737{col 78}{space 3} 1.724063
{txt}{space 16}cfe_1_4 {c |}{col 25}{res}{space 2}-.1206345{col 37}{space 2} .0000178{col 48}{space 1}-6778.36{col 57}{space 3}0.000{col 65}{space 4}-.1206694{col 78}{space 3}-.1205997
{txt}{space 16}cfe_1_5 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 16}cfe_1_6 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 16}cfe_1_7 {c |}{col 25}{res}{space 2} 1.634907{col 37}{space 2} .0216462{col 48}{space 1}   75.53{col 57}{space 3}0.000{col 65}{space 4} 1.592481{col 78}{space 3} 1.677333
{txt}{space 16}cfe_1_8 {c |}{col 25}{res}{space 2} .8601983{col 37}{space 2} .0000148{col 48}{space 1} 5.8e+04{col 57}{space 3}0.000{col 65}{space 4} .8601693{col 78}{space 3} .8602273
{txt}{space 16}cfe_1_9 {c |}{col 25}{res}{space 2} .0289051{col 37}{space 2} .0000116{col 48}{space 1} 2499.03{col 57}{space 3}0.000{col 65}{space 4} .0288825{col 78}{space 3} .0289278
{txt}{space 15}cfe_1_10 {c |}{col 25}{res}{space 2} .7368293{col 37}{space 2} 9.01e-06{col 48}{space 1} 8.2e+04{col 57}{space 3}0.000{col 65}{space 4} .7368116{col 78}{space 3} .7368469
{txt}{space 15}cfe_1_11 {c |}{col 25}{res}{space 2} .6205412{col 37}{space 2} 9.67e-06{col 48}{space 1} 6.4e+04{col 57}{space 3}0.000{col 65}{space 4} .6205222{col 78}{space 3} .6205602
{txt}{space 15}cfe_1_12 {c |}{col 25}{res}{space 2}-.3437919{col 37}{space 2} .0000306{col 48}{space 1}-1.1e+04{col 57}{space 3}0.000{col 65}{space 4}-.3438519{col 78}{space 3}-.3437319
{txt}{space 15}cfe_1_13 {c |}{col 25}{res}{space 2} .9633716{col 37}{space 2} .0000247{col 48}{space 1} 3.9e+04{col 57}{space 3}0.000{col 65}{space 4} .9633232{col 78}{space 3}   .96342
{txt}{space 15}cfe_1_14 {c |}{col 25}{res}{space 2} .4230659{col 37}{space 2} .0042876{col 48}{space 1}   98.67{col 57}{space 3}0.000{col 65}{space 4} .4146624{col 78}{space 3} .4314695
{txt}{space 15}cfe_1_15 {c |}{col 25}{res}{space 2} 1.006136{col 37}{space 2} .0000294{col 48}{space 1} 3.4e+04{col 57}{space 3}0.000{col 65}{space 4} 1.006079{col 78}{space 3} 1.006194
{txt}{space 15}cfe_1_16 {c |}{col 25}{res}{space 2}-.2197314{col 37}{space 2} .0000231{col 48}{space 1}-9498.34{col 57}{space 3}0.000{col 65}{space 4}-.2197767{col 78}{space 3} -.219686
{txt}{space 15}cfe_1_17 {c |}{col 25}{res}{space 2}-.7492797{col 37}{space 2} .0000528{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.7493832{col 78}{space 3}-.7491762
{txt}{space 15}cfe_1_18 {c |}{col 25}{res}{space 2}-.0924621{col 37}{space 2} .0000164{col 48}{space 1}-5629.03{col 57}{space 3}0.000{col 65}{space 4}-.0924943{col 78}{space 3}-.0924299
{txt}{space 15}cfe_1_19 {c |}{col 25}{res}{space 2}-.4615825{col 37}{space 2}  .000038{col 48}{space 1}-1.2e+04{col 57}{space 3}0.000{col 65}{space 4}-.4616569{col 78}{space 3}-.4615081
{txt}{space 15}cfe_1_20 {c |}{col 25}{res}{space 2} .7444987{col 37}{space 2} .0352186{col 48}{space 1}   21.14{col 57}{space 3}0.000{col 65}{space 4} .6754715{col 78}{space 3} .8135259
{txt}{space 15}cfe_1_21 {c |}{col 25}{res}{space 2}-.1929595{col 37}{space 2} .0000216{col 48}{space 1}-8925.20{col 57}{space 3}0.000{col 65}{space 4}-.1930018{col 78}{space 3}-.1929171
{txt}{space 15}cfe_1_22 {c |}{col 25}{res}{space 2}-.8138204{col 37}{space 2} .0000549{col 48}{space 1}-1.5e+04{col 57}{space 3}0.000{col 65}{space 4}-.8139281{col 78}{space 3}-.8137127
{txt}{space 15}cfe_1_23 {c |}{col 25}{res}{space 2} .4707516{col 37}{space 2} .0000108{col 48}{space 1} 4.4e+04{col 57}{space 3}0.000{col 65}{space 4} .4707304{col 78}{space 3} .4707728
{txt}{space 15}cfe_1_24 {c |}{col 25}{res}{space 2} .6662986{col 37}{space 2}  .040188{col 48}{space 1}   16.58{col 57}{space 3}0.000{col 65}{space 4} .5875316{col 78}{space 3} .7450656
{txt}{space 15}cfe_1_25 {c |}{col 25}{res}{space 2} -.200682{col 37}{space 2}  .000022{col 48}{space 1}-9102.01{col 57}{space 3}0.000{col 65}{space 4}-.2007252{col 78}{space 3}-.2006388
{txt}{space 15}cfe_1_26 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_27 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_28 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_29 {c |}{col 25}{res}{space 2}  2.18189{col 37}{space 2} .0000769{col 48}{space 1} 2.8e+04{col 57}{space 3}0.000{col 65}{space 4} 2.181739{col 78}{space 3} 2.182041
{txt}{space 15}cfe_1_30 {c |}{col 25}{res}{space 2} 1.170317{col 37}{space 2} .0000489{col 48}{space 1} 2.4e+04{col 57}{space 3}0.000{col 65}{space 4} 1.170221{col 78}{space 3} 1.170413
{txt}{space 15}cfe_1_31 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_32 {c |}{col 25}{res}{space 2}-.5545308{col 37}{space 2}  .028136{col 48}{space 1}  -19.71{col 57}{space 3}0.000{col 65}{space 4}-.6096763{col 78}{space 3}-.4993852
{txt}{space 15}cfe_1_33 {c |}{col 25}{res}{space 2} .6578116{col 37}{space 2} .0090082{col 48}{space 1}   73.02{col 57}{space 3}0.000{col 65}{space 4} .6401557{col 78}{space 3} .6754674
{txt}{space 15}cfe_1_34 {c |}{col 25}{res}{space 2} .1170137{col 37}{space 2} .0344855{col 48}{space 1}    3.39{col 57}{space 3}0.001{col 65}{space 4} .0494233{col 78}{space 3}  .184604
{txt}{space 15}cfe_1_35 {c |}{col 25}{res}{space 2} -.435664{col 37}{space 2}  .100622{col 48}{space 1}   -4.33{col 57}{space 3}0.000{col 65}{space 4}-.6328794{col 78}{space 3}-.2384486
{txt}{space 15}cfe_1_36 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_37 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_38 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_39 {c |}{col 25}{res}{space 2}-1.522472{col 37}{space 2} .0000551{col 48}{space 1}-2.8e+04{col 57}{space 3}0.000{col 65}{space 4} -1.52258{col 78}{space 3}-1.522364
{txt}{space 15}cfe_1_40 {c |}{col 25}{res}{space 2}-.8138204{col 37}{space 2}  .000055{col 48}{space 1}-1.5e+04{col 57}{space 3}0.000{col 65}{space 4}-.8139281{col 78}{space 3}-.8137127
{txt}{space 15}cfe_1_41 {c |}{col 25}{res}{space 2} .2848489{col 37}{space 2} 9.31e-06{col 48}{space 1} 3.1e+04{col 57}{space 3}0.000{col 65}{space 4} .2848307{col 78}{space 3} .2848672
{txt}{space 15}cfe_1_42 {c |}{col 25}{res}{space 2}  1.46627{col 37}{space 2}  .000077{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} 1.466119{col 78}{space 3} 1.466421
{txt}{space 15}cfe_1_43 {c |}{col 25}{res}{space 2} .1255993{col 37}{space 2} .0268877{col 48}{space 1}    4.67{col 57}{space 3}0.000{col 65}{space 4} .0729003{col 78}{space 3} .1782983
{txt}{space 15}cfe_1_44 {c |}{col 25}{res}{space 2} .3493892{col 37}{space 2} 1.00e-05{col 48}{space 1} 3.5e+04{col 57}{space 3}0.000{col 65}{space 4} .3493696{col 78}{space 3} .3494088
{txt}{space 15}cfe_1_45 {c |}{col 25}{res}{space 2} .5725333{col 37}{space 2} .0000103{col 48}{space 1} 5.6e+04{col 57}{space 3}0.000{col 65}{space 4} .5725131{col 78}{space 3} .5725535
{txt}{space 15}cfe_1_46 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_47 {c |}{col 25}{res}{space 2} .5035413{col 37}{space 2} .0000108{col 48}{space 1} 4.7e+04{col 57}{space 3}0.000{col 65}{space 4} .5035202{col 78}{space 3} .5035625
{txt}{space 15}cfe_1_48 {c |}{col 25}{res}{space 2} -1.44243{col 37}{space 2} .0000558{col 48}{space 1}-2.6e+04{col 57}{space 3}0.000{col 65}{space 4}-1.442539{col 78}{space 3}-1.442321
{txt}{space 15}cfe_1_49 {c |}{col 25}{res}{space 2}-1.522932{col 37}{space 2} .0474954{col 48}{space 1}  -32.06{col 57}{space 3}0.000{col 65}{space 4}-1.616021{col 78}{space 3}-1.429843
{txt}{space 15}cfe_1_50 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_51 {c |}{col 25}{res}{space 2} .3390331{col 37}{space 2} .0046486{col 48}{space 1}   72.93{col 57}{space 3}0.000{col 65}{space 4} .3299221{col 78}{space 3} .3481441
{txt}{space 15}cfe_1_52 {c |}{col 25}{res}{space 2} 1.177273{col 37}{space 2} .0580786{col 48}{space 1}   20.27{col 57}{space 3}0.000{col 65}{space 4} 1.063441{col 78}{space 3} 1.291105
{txt}{space 15}cfe_1_53 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_54 {c |}{col 25}{res}{space 2} 1.265616{col 37}{space 2} .0000596{col 48}{space 1} 2.1e+04{col 57}{space 3}0.000{col 65}{space 4}   1.2655{col 78}{space 3} 1.265733
{txt}{space 15}cfe_1_55 {c |}{col 25}{res}{space 2}-1.429264{col 37}{space 2} .0313686{col 48}{space 1}  -45.56{col 57}{space 3}0.000{col 65}{space 4}-1.490745{col 78}{space 3}-1.367782
{txt}{space 15}cfe_1_56 {c |}{col 25}{res}{space 2}-1.176729{col 37}{space 2} .0000584{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.176844{col 78}{space 3}-1.176615
{txt}{space 15}cfe_1_57 {c |}{col 25}{res}{space 2} 1.147847{col 37}{space 2} .0000464{col 48}{space 1} 2.5e+04{col 57}{space 3}0.000{col 65}{space 4} 1.147756{col 78}{space 3} 1.147938
{txt}{space 15}cfe_1_58 {c |}{col 25}{res}{space 2} 1.265616{col 37}{space 2} .0000602{col 48}{space 1} 2.1e+04{col 57}{space 3}0.000{col 65}{space 4} 1.265498{col 78}{space 3} 1.265734
{txt}{space 15}cfe_1_59 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_60 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_61 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_62 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_63 {c |}{col 25}{res}{space 2}-1.898446{col 37}{space 2} .0000549{col 48}{space 1}-3.5e+04{col 57}{space 3}0.000{col 65}{space 4}-1.898554{col 78}{space 3}-1.898339
{txt}{space 15}cfe_1_64 {c |}{col 25}{res}{space 2}-.6061723{col 37}{space 2} .0000463{col 48}{space 1}-1.3e+04{col 57}{space 3}0.000{col 65}{space 4} -.606263{col 78}{space 3}-.6060816
{txt}{space 15}cfe_1_65 {c |}{col 25}{res}{space 2}-1.078932{col 37}{space 2} .0000587{col 48}{space 1}-1.8e+04{col 57}{space 3}0.000{col 65}{space 4}-1.079047{col 78}{space 3}-1.078817
{txt}{space 15}cfe_1_66 {c |}{col 25}{res}{space 2}-1.606058{col 37}{space 2} .0000546{col 48}{space 1}-2.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.606165{col 78}{space 3}-1.605951
{txt}{space 15}cfe_1_67 {c |}{col 25}{res}{space 2}-2.495582{col 37}{space 2} .0000575{col 48}{space 1}-4.3e+04{col 57}{space 3}0.000{col 65}{space 4}-2.495694{col 78}{space 3}-2.495469
{txt}{space 15}cfe_1_68 {c |}{col 25}{res}{space 2}-1.567592{col 37}{space 2} .0000548{col 48}{space 1}-2.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.567699{col 78}{space 3}-1.567485
{txt}{space 15}cfe_1_69 {c |}{col 25}{res}{space 2}-1.145181{col 37}{space 2} .0000585{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.145296{col 78}{space 3}-1.145066
{txt}{space 15}cfe_1_70 {c |}{col 25}{res}{space 2} -2.72336{col 37}{space 2} .0000516{col 48}{space 1}-5.3e+04{col 57}{space 3}0.000{col 65}{space 4}-2.723461{col 78}{space 3}-2.723258
{txt}{space 15}cfe_1_71 {c |}{col 25}{res}{space 2} .7682686{col 37}{space 2} 9.70e-06{col 48}{space 1} 7.9e+04{col 57}{space 3}0.000{col 65}{space 4} .7682496{col 78}{space 3} .7682876
{txt}{space 15}cfe_1_72 {c |}{col 25}{res}{space 2}-.6061723{col 37}{space 2} .0000463{col 48}{space 1}-1.3e+04{col 57}{space 3}0.000{col 65}{space 4} -.606263{col 78}{space 3}-.6060816
{txt}{space 15}cfe_1_73 {c |}{col 25}{res}{space 2}-1.132278{col 37}{space 2} .0000586{col 48}{space 1}-1.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.132393{col 78}{space 3}-1.132163
{txt}{space 15}cfe_1_74 {c |}{col 25}{res}{space 2} 1.125051{col 37}{space 2} .0000438{col 48}{space 1} 2.6e+04{col 57}{space 3}0.000{col 65}{space 4} 1.124965{col 78}{space 3} 1.125137
{txt}{space 15}cfe_1_75 {c |}{col 25}{res}{space 2}-.5975881{col 37}{space 2} .0000458{col 48}{space 1}-1.3e+04{col 57}{space 3}0.000{col 65}{space 4}-.5976779{col 78}{space 3}-.5974982
{txt}{space 15}cfe_1_76 {c |}{col 25}{res}{space 2}-.2484756{col 37}{space 2} .0000248{col 48}{space 1}-1.0e+04{col 57}{space 3}0.000{col 65}{space 4}-.2485242{col 78}{space 3}-.2484271
{txt}{space 15}cfe_1_77 {c |}{col 25}{res}{space 2} -.357038{col 37}{space 2} .0000314{col 48}{space 1}-1.1e+04{col 57}{space 3}0.000{col 65}{space 4}-.3570996{col 78}{space 3}-.3569764
{txt}{space 15}cfe_1_78 {c |}{col 25}{res}{space 2} .1342705{col 37}{space 2} 9.21e-06{col 48}{space 1} 1.5e+04{col 57}{space 3}0.000{col 65}{space 4} .1342525{col 78}{space 3} .1342885
{txt}{space 15}cfe_1_79 {c |}{col 25}{res}{space 2} 1.294187{col 37}{space 2} .0000627{col 48}{space 1} 2.1e+04{col 57}{space 3}0.000{col 65}{space 4} 1.294064{col 78}{space 3}  1.29431
{txt}{space 15}cfe_1_80 {c |}{col 25}{res}{space 2} .5198904{col 37}{space 2} .0000107{col 48}{space 1} 4.9e+04{col 57}{space 3}0.000{col 65}{space 4} .5198694{col 78}{space 3} .5199113
{txt}{space 15}cfe_1_81 {c |}{col 25}{res}{space 2}-1.992476{col 37}{space 2} .0000556{col 48}{space 1}-3.6e+04{col 57}{space 3}0.000{col 65}{space 4}-1.992585{col 78}{space 3}-1.992367
{txt}{space 15}cfe_1_82 {c |}{col 25}{res}{space 2} -1.48165{col 37}{space 2} .0000555{col 48}{space 1}-2.7e+04{col 57}{space 3}0.000{col 65}{space 4}-1.481759{col 78}{space 3}-1.481542
{txt}{space 15}cfe_1_83 {c |}{col 25}{res}{space 2} .4643207{col 37}{space 2} .0000107{col 48}{space 1} 4.3e+04{col 57}{space 3}0.000{col 65}{space 4} .4642997{col 78}{space 3} .4643416
{txt}{space 15}cfe_1_84 {c |}{col 25}{res}{space 2} .9519962{col 37}{space 2} .0000233{col 48}{space 1} 4.1e+04{col 57}{space 3}0.000{col 65}{space 4} .9519505{col 78}{space 3} .9520419
{txt}{space 15}cfe_1_85 {c |}{col 25}{res}{space 2}-.1466115{col 37}{space 2} .0000191{col 48}{space 1}-7665.45{col 57}{space 3}0.000{col 65}{space 4} -.146649{col 78}{space 3} -.146574
{txt}{space 15}cfe_1_86 {c |}{col 25}{res}{space 2}-.1117423{col 37}{space 2} .0091478{col 48}{space 1}  -12.22{col 57}{space 3}0.000{col 65}{space 4}-.1296717{col 78}{space 3}-.0938128
{txt}{space 15}cfe_1_87 {c |}{col 25}{res}{space 2}-1.246687{col 37}{space 2} .0000578{col 48}{space 1}-2.2e+04{col 57}{space 3}0.000{col 65}{space 4}-1.246801{col 78}{space 3}-1.246574
{txt}{space 15}cfe_1_88 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 15}cfe_1_89 {c |}{col 25}{res}{space 2} -1.48165{col 37}{space 2} .0000555{col 48}{space 1}-2.7e+04{col 57}{space 3}0.000{col 65}{space 4}-1.481759{col 78}{space 3}-1.481542
{txt}{space 15}cfe_1_90 {c |}{col 25}{res}{space 2}-.6931879{col 37}{space 2} .0000505{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.6932869{col 78}{space 3}-.6930889
{txt}{space 15}cfe_1_91 {c |}{col 25}{res}{space 2} .6701685{col 37}{space 2} 9.04e-06{col 48}{space 1} 7.4e+04{col 57}{space 3}0.000{col 65}{space 4} .6701507{col 78}{space 3} .6701862
{txt}{space 15}cfe_1_92 {c |}{col 25}{res}{space 2}-1.992476{col 37}{space 2} .0000556{col 48}{space 1}-3.6e+04{col 57}{space 3}0.000{col 65}{space 4}-1.992585{col 78}{space 3}-1.992367
{txt}{space 15}cfe_1_93 {c |}{col 25}{res}{space 2} .2411724{col 37}{space 2} 8.96e-06{col 48}{space 1} 2.7e+04{col 57}{space 3}0.000{col 65}{space 4} .2411549{col 78}{space 3}   .24119
{txt}{space 15}cfe_1_94 {c |}{col 25}{res}{space 2}-1.145181{col 37}{space 2} .0000585{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.145296{col 78}{space 3}-1.145066
{txt}{space 15}cfe_1_95 {c |}{col 25}{res}{space 2} .3101675{col 37}{space 2} 9.54e-06{col 48}{space 1} 3.3e+04{col 57}{space 3}0.000{col 65}{space 4} .3101488{col 78}{space 3} .3101862
{txt}{space 15}cfe_1_96 {c |}{col 25}{res}{space 2}-1.299331{col 37}{space 2} .0000573{col 48}{space 1}-2.3e+04{col 57}{space 3}0.000{col 65}{space 4}-1.299443{col 78}{space 3}-1.299218
{txt}{space 15}cfe_1_97 {c |}{col 25}{res}{space 2}-.6214406{col 37}{space 2} .0000471{col 48}{space 1}-1.3e+04{col 57}{space 3}0.000{col 65}{space 4}-.6215329{col 78}{space 3}-.6213483
{txt}{space 15}cfe_1_98 {c |}{col 25}{res}{space 2}-1.309395{col 37}{space 2} .0056939{col 48}{space 1} -229.96{col 57}{space 3}0.000{col 65}{space 4}-1.320555{col 78}{space 3}-1.298235
{txt}{space 15}cfe_1_99 {c |}{col 25}{res}{space 2}-1.458959{col 37}{space 2} .0000557{col 48}{space 1}-2.6e+04{col 57}{space 3}0.000{col 65}{space 4}-1.459068{col 78}{space 3} -1.45885
{txt}{space 14}cfe_1_100 {c |}{col 25}{res}{space 2} .9089835{col 37}{space 2}  .000019{col 48}{space 1} 4.8e+04{col 57}{space 3}0.000{col 65}{space 4} .9089463{col 78}{space 3} .9090208
{txt}{space 14}cfe_1_101 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_102 {c |}{col 25}{res}{space 2}-2.066585{col 37}{space 2} .0000563{col 48}{space 1}-3.7e+04{col 57}{space 3}0.000{col 65}{space 4}-2.066695{col 78}{space 3}-2.066474
{txt}{space 14}cfe_1_103 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_104 {c |}{col 25}{res}{space 2}-1.145181{col 37}{space 2} .0000585{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.145296{col 78}{space 3}-1.145066
{txt}{space 14}cfe_1_105 {c |}{col 25}{res}{space 2}-2.275341{col 37}{space 2} .0000581{col 48}{space 1}-3.9e+04{col 57}{space 3}0.000{col 65}{space 4}-2.275455{col 78}{space 3}-2.275228
{txt}{space 14}cfe_1_106 {c |}{col 25}{res}{space 2}-3.078158{col 37}{space 2} .0000294{col 48}{space 1}-1.0e+05{col 57}{space 3}0.000{col 65}{space 4}-3.078216{col 78}{space 3}-3.078101
{txt}{space 14}cfe_1_107 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_108 {c |}{col 25}{res}{space 2}-1.162131{col 37}{space 2} .0000584{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.162245{col 78}{space 3}-1.162016
{txt}{space 14}cfe_1_109 {c |}{col 25}{res}{space 2} 1.036069{col 37}{space 2} .0000328{col 48}{space 1} 3.2e+04{col 57}{space 3}0.000{col 65}{space 4} 1.036005{col 78}{space 3} 1.036134
{txt}{space 14}cfe_1_110 {c |}{col 25}{res}{space 2} .0444539{col 37}{space 2} .0000111{col 48}{space 1} 4006.93{col 57}{space 3}0.000{col 65}{space 4} .0444322{col 78}{space 3} .0444757
{txt}{space 14}cfe_1_111 {c |}{col 25}{res}{space 2} -.398211{col 37}{space 2} .0047364{col 48}{space 1}  -84.08{col 57}{space 3}0.000{col 65}{space 4}-.4074942{col 78}{space 3}-.3889279
{txt}{space 14}cfe_1_112 {c |}{col 25}{res}{space 2} .0940334{col 37}{space 2} 9.86e-06{col 48}{space 1} 9536.42{col 57}{space 3}0.000{col 65}{space 4} .0940141{col 78}{space 3} .0940527
{txt}{space 14}cfe_1_113 {c |}{col 25}{res}{space 2} .1670617{col 37}{space 2} 8.91e-06{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} .1670442{col 78}{space 3} .1670792
{txt}{space 14}cfe_1_114 {c |}{col 25}{res}{space 2} .3902119{col 37}{space 2} .0000104{col 48}{space 1} 3.8e+04{col 57}{space 3}0.000{col 65}{space 4} .3901916{col 78}{space 3} .3902323
{txt}{space 14}cfe_1_115 {c |}{col 25}{res}{space 2}-4.74e-08{col 37}{space 2} .0000126{col 48}{space 1}   -0.00{col 57}{space 3}0.997{col 65}{space 4}-.0000246{col 78}{space 3} .0000246
{txt}{space 14}cfe_1_116 {c |}{col 25}{res}{space 2} 1.516911{col 37}{space 2} .0000794{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} 1.516756{col 78}{space 3} 1.517067
{txt}{space 14}cfe_1_117 {c |}{col 25}{res}{space 2} .7801625{col 37}{space 2} .0000101{col 48}{space 1} 7.7e+04{col 57}{space 3}0.000{col 65}{space 4} .7801427{col 78}{space 3} .7801823
{txt}{space 14}cfe_1_118 {c |}{col 25}{res}{space 2} .9212525{col 37}{space 2} .0133989{col 48}{space 1}   68.76{col 57}{space 3}0.000{col 65}{space 4}  .894991{col 78}{space 3} .9475139
{txt}{space 14}cfe_1_119 {c |}{col 25}{res}{space 2}-1.145181{col 37}{space 2} .0000585{col 48}{space 1}-2.0e+04{col 57}{space 3}0.000{col 65}{space 4}-1.145296{col 78}{space 3}-1.145066
{txt}{space 14}cfe_1_120 {c |}{col 25}{res}{space 2}-.4520125{col 37}{space 2} .0000374{col 48}{space 1}-1.2e+04{col 57}{space 3}0.000{col 65}{space 4}-.4520857{col 78}{space 3}-.4519393
{txt}{space 14}cfe_1_121 {c |}{col 25}{res}{space 2}  .435333{col 37}{space 2} .0000107{col 48}{space 1} 4.1e+04{col 57}{space 3}0.000{col 65}{space 4} .4353119{col 78}{space 3}  .435354
{txt}{space 14}cfe_1_122 {c |}{col 25}{res}{space 2} 2.651915{col 37}{space 2} .0000554{col 48}{space 1} 4.8e+04{col 57}{space 3}0.000{col 65}{space 4} 2.651807{col 78}{space 3} 2.652024
{txt}{space 14}cfe_1_123 {c |}{col 25}{res}{space 2} 1.688007{col 37}{space 2} .0000834{col 48}{space 1} 2.0e+04{col 57}{space 3}0.000{col 65}{space 4} 1.687844{col 78}{space 3} 1.688171
{txt}{space 14}cfe_1_124 {c |}{col 25}{res}{space 2}-.7492797{col 37}{space 2} .0000528{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.7493832{col 78}{space 3}-.7491762
{txt}{space 14}cfe_1_125 {c |}{col 25}{res}{space 2}-.4391082{col 37}{space 2} .0000366{col 48}{space 1}-1.2e+04{col 57}{space 3}0.000{col 65}{space 4}-.4391799{col 78}{space 3}-.4390366
{txt}{space 14}cfe_1_126 {c |}{col 25}{res}{space 2}-2.563022{col 37}{space 2} .0000565{col 48}{space 1}-4.5e+04{col 57}{space 3}0.000{col 65}{space 4}-2.563133{col 78}{space 3}-2.562911
{txt}{space 14}cfe_1_127 {c |}{col 25}{res}{space 2} -.200682{col 37}{space 2}  .000022{col 48}{space 1}-9112.42{col 57}{space 3}0.000{col 65}{space 4}-.2007252{col 78}{space 3}-.2006388
{txt}{space 14}cfe_1_128 {c |}{col 25}{res}{space 2} .0870155{col 37}{space 2}   .00001{col 48}{space 1} 8692.39{col 57}{space 3}0.000{col 65}{space 4} .0869959{col 78}{space 3} .0870351
{txt}{space 14}cfe_1_129 {c |}{col 25}{res}{space 2} 1.090681{col 37}{space 2} .0715125{col 48}{space 1}   15.25{col 57}{space 3}0.000{col 65}{space 4} .9505193{col 78}{space 3} 1.230843
{txt}{space 14}cfe_1_130 {c |}{col 25}{res}{space 2}   1.2264{col 37}{space 2} .0000552{col 48}{space 1} 2.2e+04{col 57}{space 3}0.000{col 65}{space 4} 1.226292{col 78}{space 3} 1.226508
{txt}{space 14}cfe_1_131 {c |}{col 25}{res}{space 2}-.8938651{col 37}{space 2} .0000569{col 48}{space 1}-1.6e+04{col 57}{space 3}0.000{col 65}{space 4}-.8939766{col 78}{space 3}-.8937536
{txt}{space 14}cfe_1_132 {c |}{col 25}{res}{space 2} -.200682{col 37}{space 2} .0000221{col 48}{space 1}-9099.26{col 57}{space 3}0.000{col 65}{space 4}-.2007252{col 78}{space 3}-.2006388
{txt}{space 14}cfe_1_133 {c |}{col 25}{res}{space 2}-1.506968{col 37}{space 2} .0000553{col 48}{space 1}-2.7e+04{col 57}{space 3}0.000{col 65}{space 4}-1.507076{col 78}{space 3} -1.50686
{txt}{space 14}cfe_1_134 {c |}{col 25}{res}{space 2}-1.132278{col 37}{space 2} .0000586{col 48}{space 1}-1.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.132393{col 78}{space 3}-1.132163
{txt}{space 14}cfe_1_135 {c |}{col 25}{res}{space 2}-.4391082{col 37}{space 2} .0000365{col 48}{space 1}-1.2e+04{col 57}{space 3}0.000{col 65}{space 4}-.4391799{col 78}{space 3}-.4390366
{txt}{space 14}cfe_1_136 {c |}{col 25}{res}{space 2} .8601983{col 37}{space 2} .0000148{col 48}{space 1} 5.8e+04{col 57}{space 3}0.000{col 65}{space 4} .8601693{col 78}{space 3} .8602273
{txt}{space 14}cfe_1_137 {c |}{col 25}{res}{space 2} 1.410785{col 37}{space 2} .0000733{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} 1.410641{col 78}{space 3} 1.410929
{txt}{space 14}cfe_1_138 {c |}{col 25}{res}{space 2} .9144181{col 37}{space 2} .0380128{col 48}{space 1}   24.06{col 57}{space 3}0.000{col 65}{space 4} .8399145{col 78}{space 3} .9889218
{txt}{space 14}cfe_1_139 {c |}{col 25}{res}{space 2}-2.563022{col 37}{space 2} .0000565{col 48}{space 1}-4.5e+04{col 57}{space 3}0.000{col 65}{space 4}-2.563133{col 78}{space 3}-2.562911
{txt}{space 14}cfe_1_140 {c |}{col 25}{res}{space 2} 1.027973{col 37}{space 2} .0000318{col 48}{space 1} 3.2e+04{col 57}{space 3}0.000{col 65}{space 4} 1.027911{col 78}{space 3} 1.028036
{txt}{space 14}cfe_1_141 {c |}{col 25}{res}{space 2}-2.409229{col 37}{space 2} .0067789{col 48}{space 1} -355.40{col 57}{space 3}0.000{col 65}{space 4}-2.422515{col 78}{space 3}-2.395942
{txt}{space 14}cfe_1_142 {c |}{col 25}{res}{space 2} 1.375607{col 37}{space 2} .0000709{col 48}{space 1} 1.9e+04{col 57}{space 3}0.000{col 65}{space 4} 1.375468{col 78}{space 3} 1.375746
{txt}{space 14}cfe_1_143 {c |}{col 25}{res}{space 2}-.6802839{col 37}{space 2} .0000499{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.6803818{col 78}{space 3} -.680186
{txt}{space 14}cfe_1_144 {c |}{col 25}{res}{space 2} 1.176576{col 37}{space 2} .0378563{col 48}{space 1}   31.08{col 57}{space 3}0.000{col 65}{space 4} 1.102379{col 78}{space 3} 1.250773
{txt}{space 14}cfe_1_145 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_146 {c |}{col 25}{res}{space 2}   .94029{col 37}{space 2} .0085047{col 48}{space 1}  110.56{col 57}{space 3}0.000{col 65}{space 4} .9236211{col 78}{space 3} .9569589
{txt}{space 14}cfe_1_147 {c |}{col 25}{res}{space 2} .3501941{col 37}{space 2} .0049405{col 48}{space 1}   70.88{col 57}{space 3}0.000{col 65}{space 4} .3405108{col 78}{space 3} .3598774
{txt}{space 14}cfe_1_148 {c |}{col 25}{res}{space 2}-.6931879{col 37}{space 2} .0000505{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.6932869{col 78}{space 3}-.6930889
{txt}{space 14}cfe_1_149 {c |}{col 25}{res}{space 2} 1.071912{col 37}{space 2} .0110946{col 48}{space 1}   96.62{col 57}{space 3}0.000{col 65}{space 4} 1.050167{col 78}{space 3} 1.093657
{txt}{space 14}cfe_1_150 {c |}{col 25}{res}{space 2}-1.596579{col 37}{space 2} .0000546{col 48}{space 1}-2.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.596687{col 78}{space 3}-1.596472
{txt}{space 14}cfe_1_151 {c |}{col 25}{res}{space 2}-1.537739{col 37}{space 2}  .000055{col 48}{space 1}-2.8e+04{col 57}{space 3}0.000{col 65}{space 4}-1.537847{col 78}{space 3}-1.537631
{txt}{space 14}cfe_1_152 {c |}{col 25}{res}{space 2} .9827874{col 37}{space 2} .0000267{col 48}{space 1} 3.7e+04{col 57}{space 3}0.000{col 65}{space 4}  .982735{col 78}{space 3} .9828398
{txt}{space 14}cfe_1_153 {c |}{col 25}{res}{space 2} -.257844{col 37}{space 2} .0000253{col 48}{space 1}-1.0e+04{col 57}{space 3}0.000{col 65}{space 4}-.2578936{col 78}{space 3}-.2577943
{txt}{space 14}cfe_1_154 {c |}{col 25}{res}{space 2}-3.091061{col 37}{space 2} .0000284{col 48}{space 1}-1.1e+05{col 57}{space 3}0.000{col 65}{space 4}-3.091116{col 78}{space 3}-3.091005
{txt}{space 14}cfe_1_155 {c |}{col 25}{res}{space 2}-.6931879{col 37}{space 2} .0000505{col 48}{space 1}-1.4e+04{col 57}{space 3}0.000{col 65}{space 4}-.6932869{col 78}{space 3}-.6930889
{txt}{space 14}cfe_1_156 {c |}{col 25}{res}{space 2}-.0888841{col 37}{space 2} .0000163{col 48}{space 1}-5467.24{col 57}{space 3}0.000{col 65}{space 4}-.0889159{col 78}{space 3}-.0888522
{txt}{space 14}cfe_1_157 {c |}{col 25}{res}{space 2}-.1098913{col 37}{space 2} .0070904{col 48}{space 1}  -15.50{col 57}{space 3}0.000{col 65}{space 4}-.1237882{col 78}{space 3}-.0959943
{txt}{space 14}cfe_1_158 {c |}{col 25}{res}{space 2}-4.74e-08{col 37}{space 2} .0000126{col 48}{space 1}   -0.00{col 57}{space 3}0.997{col 65}{space 4}-.0000246{col 78}{space 3} .0000246
{txt}{space 14}cfe_1_159 {c |}{col 25}{res}{space 2} 1.169765{col 37}{space 2}  .007864{col 48}{space 1}  148.75{col 57}{space 3}0.000{col 65}{space 4} 1.154352{col 78}{space 3} 1.185178
{txt}{space 14}cfe_1_160 {c |}{col 25}{res}{space 2}   1.2062{col 37}{space 2} .0000532{col 48}{space 1} 2.3e+04{col 57}{space 3}0.000{col 65}{space 4} 1.206096{col 78}{space 3} 1.206304
{txt}{space 14}cfe_1_161 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_162 {c |}{col 25}{res}{space 2}-2.518571{col 37}{space 2} .0000572{col 48}{space 1}-4.4e+04{col 57}{space 3}0.000{col 65}{space 4}-2.518683{col 78}{space 3}-2.518459
{txt}{space 14}cfe_1_163 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_164 {c |}{col 25}{res}{space 2}-16.92569{col 37}{space 2} 1.003044{col 48}{space 1}  -16.87{col 57}{space 3}0.000{col 65}{space 4}-18.89162{col 78}{space 3}-14.95976
{txt}{space 14}cfe_1_165 {c |}{col 25}{res}{space 2}-1.567592{col 37}{space 2} .0000548{col 48}{space 1}-2.9e+04{col 57}{space 3}0.000{col 65}{space 4}-1.567699{col 78}{space 3}-1.567485
{txt}{space 18}_cons {c |}{col 25}{res}{space 2}-1.265675{col 37}{space 2} 8.83e-06{col 48}{space 1}-1.4e+05{col 57}{space 3}0.000{col 65}{space 4}-1.265692{col 78}{space 3}-1.265658
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 15}/lnalpha {c |}{col 25}{res}{space 2} .2750433{col 37}{space 2} .1032484{col 65}{space 4} .0726802{col 78}{space 3} .4774064
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                  alpha {c |}{col 25}{res}{space 2} 1.316588{col 37}{space 2} .1359355{col 65}{space 4} 1.075387{col 78}{space 3} 1.611888
{txt}{hline 24}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Dropping fixed effects variables
.         drop cfe_1_1 - cfe_1_165        
{txt}
{com}.         
.         *Model 3: Retrieving fixed effects variables  
.         #delimit ;
{txt}delimiter now ;
{com}.         quietly xtreg ln_firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{txt}
{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         quietly tab cowcode if e(sample)==1, gen(cfe_3_)                
{txt}
{com}.         
.         *Model 3: Attracting support 
.         #delimit ;
{txt}delimiter now ;
{com}.         nbreg firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc 
>                 cfe_3_2-cfe_3_155
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 cluster(cowcode)                        
>         ;

{txt}Fitting Poisson model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-5666.4316}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5549.8926}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5547.0366}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5546.3602}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5546.2222}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5546.1932}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5546.1865}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5546.1849}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5546.1846}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5546.1845}  
{res}
{txt}Fitting constant-only model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6235.2884}  
Iteration 1:{space 3}log pseudolikelihood = {res:-6136.2036}  
Iteration 2:{space 3}log pseudolikelihood = {res:-6003.1128}  
Iteration 3:{space 3}log pseudolikelihood = {res:-6002.8796}  
Iteration 4:{space 3}log pseudolikelihood = {res:-6002.8796}  
{res}
{txt}Fitting full model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6002.8796}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5246.5342}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5197.1194}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5175.8162}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5174.1031}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5173.7692}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5173.6973}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5173.6805}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5173.6766}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5173.6758}  
Iteration 10:{space 2}log pseudolikelihood = {res:-5173.6757}  
Iteration 11:{space 2}log pseudolikelihood = {res:-5173.6757}  
{res}
{txt}Negative binomial regression{col 49}Number of obs{col 67}= {res}     7,933
{txt}{col 49}{help j_robustsingular##|_new:Wald chi2(121)}{col 67}=          {res}.
{txt}{col 1}Dispersion{col 22}= {res}mean{txt}{col 49}Prob > chi2{col 67}=          {res}.
{txt}Log pseudolikelihood = {res}-5173.6757{txt}{col 49}Pseudo R2{col 67}= {res}    0.1381

{txt}{ralign 89:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}firm_strict_count_start{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      z{col 57}   P>|z|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 13}l_cw_loint {c |}{col 25}{res}{space 2}  .507427{col 37}{space 2} .1091227{col 48}{space 1}    4.65{col 57}{space 3}0.000{col 65}{space 4} .2935505{col 78}{space 3} .7213035
{txt}{space 9}l_bin_coup_suc {c |}{col 25}{res}{space 2}  .380576{col 37}{space 2}  .134207{col 48}{space 1}    2.84{col 57}{space 3}0.005{col 65}{space 4} .1175351{col 78}{space 3} .6436168
{txt}{space 16}cfe_3_2 {c |}{col 25}{res}{space 2} 1.664706{col 37}{space 2} .0201278{col 48}{space 1}   82.71{col 57}{space 3}0.000{col 65}{space 4} 1.625256{col 78}{space 3} 1.704156
{txt}{space 16}cfe_3_3 {c |}{col 25}{res}{space 2} 1.823539{col 37}{space 2} .0292531{col 48}{space 1}   62.34{col 57}{space 3}0.000{col 65}{space 4} 1.766204{col 78}{space 3} 1.880874
{txt}{space 16}cfe_3_4 {c |}{col 25}{res}{space 2} .1404837{col 37}{space 2} .0215795{col 48}{space 1}    6.51{col 57}{space 3}0.000{col 65}{space 4} .0981886{col 78}{space 3} .1827788
{txt}{space 16}cfe_3_5 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 16}cfe_3_6 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 16}cfe_3_7 {c |}{col 25}{res}{space 2} 1.781816{col 37}{space 2}  .017323{col 48}{space 1}  102.86{col 57}{space 3}0.000{col 65}{space 4} 1.747863{col 78}{space 3} 1.815769
{txt}{space 16}cfe_3_8 {c |}{col 25}{res}{space 2} .6342152{col 37}{space 2} .0474448{col 48}{space 1}   13.37{col 57}{space 3}0.000{col 65}{space 4} .5412251{col 78}{space 3} .7272052
{txt}{space 16}cfe_3_9 {c |}{col 25}{res}{space 2} .1410459{col 37}{space 2} .0261545{col 48}{space 1}    5.39{col 57}{space 3}0.000{col 65}{space 4} .0897839{col 78}{space 3} .1923078
{txt}{space 15}cfe_3_10 {c |}{col 25}{res}{space 2}  .697794{col 37}{space 2} .0175723{col 48}{space 1}   39.71{col 57}{space 3}0.000{col 65}{space 4}  .663353{col 78}{space 3}  .732235
{txt}{space 15}cfe_3_11 {c |}{col 25}{res}{space 2} .6956565{col 37}{space 2} .0093076{col 48}{space 1}   74.74{col 57}{space 3}0.000{col 65}{space 4}  .677414{col 78}{space 3}  .713899
{txt}{space 15}cfe_3_12 {c |}{col 25}{res}{space 2}  .166052{col 37}{space 2} .0150586{col 48}{space 1}   11.03{col 57}{space 3}0.000{col 65}{space 4} .1365377{col 78}{space 3} .1955664
{txt}{space 15}cfe_3_13 {c |}{col 25}{res}{space 2} 1.092147{col 37}{space 2} .0181121{col 48}{space 1}   60.30{col 57}{space 3}0.000{col 65}{space 4} 1.056648{col 78}{space 3} 1.127647
{txt}{space 15}cfe_3_14 {c |}{col 25}{res}{space 2} .2296084{col 37}{space 2} .0599223{col 48}{space 1}    3.83{col 57}{space 3}0.000{col 65}{space 4} .1121629{col 78}{space 3}  .347054
{txt}{space 15}cfe_3_15 {c |}{col 25}{res}{space 2} 1.134707{col 37}{space 2} .0216553{col 48}{space 1}   52.40{col 57}{space 3}0.000{col 65}{space 4} 1.092263{col 78}{space 3}  1.17715
{txt}{space 15}cfe_3_16 {c |}{col 25}{res}{space 2}-.0536722{col 37}{space 2} .0215795{col 48}{space 1}   -2.49{col 57}{space 3}0.013{col 65}{space 4}-.0959673{col 78}{space 3}-.0113771
{txt}{space 15}cfe_3_17 {c |}{col 25}{res}{space 2}-.5333442{col 37}{space 2} .0285842{col 48}{space 1}  -18.66{col 57}{space 3}0.000{col 65}{space 4}-.5893682{col 78}{space 3}-.4773202
{txt}{space 15}cfe_3_18 {c |}{col 25}{res}{space 2} .0246025{col 37}{space 2} .0315227{col 48}{space 1}    0.78{col 57}{space 3}0.435{col 65}{space 4}-.0371807{col 78}{space 3} .0863858
{txt}{space 15}cfe_3_19 {c |}{col 25}{res}{space 2}-.4904782{col 37}{space 2} .0171027{col 48}{space 1}  -28.68{col 57}{space 3}0.000{col 65}{space 4}-.5239989{col 78}{space 3}-.4569575
{txt}{space 15}cfe_3_20 {c |}{col 25}{res}{space 2} .9333342{col 37}{space 2} .0227058{col 48}{space 1}   41.11{col 57}{space 3}0.000{col 65}{space 4} .8888316{col 78}{space 3} .9778367
{txt}{space 15}cfe_3_21 {c |}{col 25}{res}{space 2}-.2143017{col 37}{space 2} .0477413{col 48}{space 1}   -4.49{col 57}{space 3}0.000{col 65}{space 4} -.307873{col 78}{space 3}-.1207305
{txt}{space 15}cfe_3_22 {c |}{col 25}{res}{space 2}-.7145135{col 37}{space 2} .0165223{col 48}{space 1}  -43.25{col 57}{space 3}0.000{col 65}{space 4}-.7468966{col 78}{space 3}-.6821303
{txt}{space 15}cfe_3_23 {c |}{col 25}{res}{space 2} .5946623{col 37}{space 2} .0140121{col 48}{space 1}   42.44{col 57}{space 3}0.000{col 65}{space 4}  .567199{col 78}{space 3} .6221257
{txt}{space 15}cfe_3_24 {c |}{col 25}{res}{space 2} .7711597{col 37}{space 2} .0367302{col 48}{space 1}   21.00{col 57}{space 3}0.000{col 65}{space 4} .6991698{col 78}{space 3} .8431496
{txt}{space 15}cfe_3_25 {c |}{col 25}{res}{space 2}-.1562554{col 37}{space 2}  .020693{col 48}{space 1}   -7.55{col 57}{space 3}0.000{col 65}{space 4} -.196813{col 78}{space 3}-.1156979
{txt}{space 15}cfe_3_26 {c |}{col 25}{res}{space 2} 1.326586{col 37}{space 2} .0215803{col 48}{space 1}   61.47{col 57}{space 3}0.000{col 65}{space 4} 1.284289{col 78}{space 3} 1.368883
{txt}{space 15}cfe_3_27 {c |}{col 25}{res}{space 2} -17.5469{col 37}{space 2} 1.003476{col 48}{space 1}  -17.49{col 57}{space 3}0.000{col 65}{space 4}-19.51368{col 78}{space 3}-15.58012
{txt}{space 15}cfe_3_28 {c |}{col 25}{res}{space 2}-.3584835{col 37}{space 2} .0214799{col 48}{space 1}  -16.69{col 57}{space 3}0.000{col 65}{space 4}-.4005833{col 78}{space 3}-.3163837
{txt}{space 15}cfe_3_29 {c |}{col 25}{res}{space 2} .4950372{col 37}{space 2} .0223938{col 48}{space 1}   22.11{col 57}{space 3}0.000{col 65}{space 4} .4511461{col 78}{space 3} .5389283
{txt}{space 15}cfe_3_30 {c |}{col 25}{res}{space 2} .3362677{col 37}{space 2} .0217796{col 48}{space 1}   15.44{col 57}{space 3}0.000{col 65}{space 4} .2935805{col 78}{space 3} .3789549
{txt}{space 15}cfe_3_31 {c |}{col 25}{res}{space 2}-.1958857{col 37}{space 2} .0223184{col 48}{space 1}   -8.78{col 57}{space 3}0.000{col 65}{space 4}-.2396289{col 78}{space 3}-.1521425
{txt}{space 15}cfe_3_32 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_33 {c |}{col 25}{res}{space 2}-1.363607{col 37}{space 2} .0215795{col 48}{space 1}  -63.19{col 57}{space 3}0.000{col 65}{space 4}-1.405902{col 78}{space 3}-1.321312
{txt}{space 15}cfe_3_34 {c |}{col 25}{res}{space 2}-.6216579{col 37}{space 2} .0215795{col 48}{space 1}  -28.81{col 57}{space 3}0.000{col 65}{space 4}-.6639529{col 78}{space 3}-.5793628
{txt}{space 15}cfe_3_35 {c |}{col 25}{res}{space 2} .4769557{col 37}{space 2} .0215795{col 48}{space 1}   22.10{col 57}{space 3}0.000{col 65}{space 4} .4346606{col 78}{space 3} .5192507
{txt}{space 15}cfe_3_36 {c |}{col 25}{res}{space 2} 1.212755{col 37}{space 2} .0442644{col 48}{space 1}   27.40{col 57}{space 3}0.000{col 65}{space 4} 1.125999{col 78}{space 3} 1.299512
{txt}{space 15}cfe_3_37 {c |}{col 25}{res}{space 2}  .294226{col 37}{space 2} .0122469{col 48}{space 1}   24.02{col 57}{space 3}0.000{col 65}{space 4} .2702226{col 78}{space 3} .3182294
{txt}{space 15}cfe_3_38 {c |}{col 25}{res}{space 2}-.5004746{col 37}{space 2}  .089683{col 48}{space 1}   -5.58{col 57}{space 3}0.000{col 65}{space 4}-.6762501{col 78}{space 3}-.3246991
{txt}{space 15}cfe_3_39 {c |}{col 25}{res}{space 2} .5459487{col 37}{space 2} .0215795{col 48}{space 1}   25.30{col 57}{space 3}0.000{col 65}{space 4} .5036536{col 78}{space 3} .5882438
{txt}{space 15}cfe_3_40 {c |}{col 25}{res}{space 2} .5081547{col 37}{space 2} .0099336{col 48}{space 1}   51.16{col 57}{space 3}0.000{col 65}{space 4} .4886851{col 78}{space 3} .5276242
{txt}{space 15}cfe_3_41 {c |}{col 25}{res}{space 2} -1.24582{col 37}{space 2} .0215795{col 48}{space 1}  -57.73{col 57}{space 3}0.000{col 65}{space 4}-1.288115{col 78}{space 3}-1.203525
{txt}{space 15}cfe_3_42 {c |}{col 25}{res}{space 2} -1.67483{col 37}{space 2} .0215796{col 48}{space 1}  -77.61{col 57}{space 3}0.000{col 65}{space 4}-1.717125{col 78}{space 3}-1.632534
{txt}{space 15}cfe_3_43 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_44 {c |}{col 25}{res}{space 2} .5224181{col 37}{space 2} .0215795{col 48}{space 1}   24.21{col 57}{space 3}0.000{col 65}{space 4} .4801231{col 78}{space 3} .5647132
{txt}{space 15}cfe_3_45 {c |}{col 25}{res}{space 2} 1.225402{col 37}{space 2} .0241857{col 48}{space 1}   50.67{col 57}{space 3}0.000{col 65}{space 4} 1.177999{col 78}{space 3} 1.272805
{txt}{space 15}cfe_3_46 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_47 {c |}{col 25}{res}{space 2}  1.16102{col 37}{space 2} .0412739{col 48}{space 1}   28.13{col 57}{space 3}0.000{col 65}{space 4} 1.080125{col 78}{space 3} 1.241915
{txt}{space 15}cfe_3_48 {c |}{col 25}{res}{space 2}-1.209452{col 37}{space 2} .0215795{col 48}{space 1}  -56.05{col 57}{space 3}0.000{col 65}{space 4}-1.251747{col 78}{space 3}-1.167157
{txt}{space 15}cfe_3_49 {c |}{col 25}{res}{space 2}-1.087573{col 37}{space 2} .0242608{col 48}{space 1}  -44.83{col 57}{space 3}0.000{col 65}{space 4}-1.135124{col 78}{space 3}-1.040023
{txt}{space 15}cfe_3_50 {c |}{col 25}{res}{space 2} 1.178061{col 37}{space 2} .0150927{col 48}{space 1}   78.06{col 57}{space 3}0.000{col 65}{space 4}  1.14848{col 78}{space 3} 1.207642
{txt}{space 15}cfe_3_51 {c |}{col 25}{res}{space 2} 1.144502{col 37}{space 2} .0347841{col 48}{space 1}   32.90{col 57}{space 3}0.000{col 65}{space 4} 1.076326{col 78}{space 3} 1.212678
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{txt}{space 15}cfe_3_53 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_54 {c |}{col 25}{res}{space 2}-1.777967{col 37}{space 2} .0175759{col 48}{space 1} -101.16{col 57}{space 3}0.000{col 65}{space 4}-1.812415{col 78}{space 3}-1.743519
{txt}{space 15}cfe_3_55 {c |}{col 25}{res}{space 2}-.4573076{col 37}{space 2} .0214539{col 48}{space 1}  -21.32{col 57}{space 3}0.000{col 65}{space 4}-.4993565{col 78}{space 3}-.4152588
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{txt}{space 15}cfe_3_57 {c |}{col 25}{res}{space 2}-1.600525{col 37}{space 2} .0188922{col 48}{space 1}  -84.72{col 57}{space 3}0.000{col 65}{space 4}-1.637552{col 78}{space 3}-1.563497
{txt}{space 15}cfe_3_58 {c |}{col 25}{res}{space 2}-2.320344{col 37}{space 2} .0215795{col 48}{space 1} -107.53{col 57}{space 3}0.000{col 65}{space 4}-2.362639{col 78}{space 3}-2.278049
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{txt}{space 15}cfe_3_60 {c |}{col 25}{res}{space 2}-1.061218{col 37}{space 2} .0152674{col 48}{space 1}  -69.51{col 57}{space 3}0.000{col 65}{space 4}-1.091142{col 78}{space 3}-1.031294
{txt}{space 15}cfe_3_61 {c |}{col 25}{res}{space 2}-2.622138{col 37}{space 2} .0100031{col 48}{space 1} -262.13{col 57}{space 3}0.000{col 65}{space 4}-2.641744{col 78}{space 3}-2.602532
{txt}{space 15}cfe_3_62 {c |}{col 25}{res}{space 2} .8523665{col 37}{space 2} .0087535{col 48}{space 1}   97.37{col 57}{space 3}0.000{col 65}{space 4} .8352099{col 78}{space 3}  .869523
{txt}{space 15}cfe_3_63 {c |}{col 25}{res}{space 2}-.4854889{col 37}{space 2} .0188782{col 48}{space 1}  -25.72{col 57}{space 3}0.000{col 65}{space 4}-.5224896{col 78}{space 3}-.4484883
{txt}{space 15}cfe_3_64 {c |}{col 25}{res}{space 2}-1.064635{col 37}{space 2} .0185791{col 48}{space 1}  -57.30{col 57}{space 3}0.000{col 65}{space 4}-1.101049{col 78}{space 3} -1.02822
{txt}{space 15}cfe_3_65 {c |}{col 25}{res}{space 2} 1.207888{col 37}{space 2} .0090457{col 48}{space 1}  133.53{col 57}{space 3}0.000{col 65}{space 4} 1.190159{col 78}{space 3} 1.225617
{txt}{space 15}cfe_3_66 {c |}{col 25}{res}{space 2} -.615926{col 37}{space 2} .0158707{col 48}{space 1}  -38.81{col 57}{space 3}0.000{col 65}{space 4} -.647032{col 78}{space 3}-.5848199
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{txt}{space 15}cfe_3_82 {c |}{col 25}{res}{space 2} .5482939{col 37}{space 2} .0406393{col 48}{space 1}   13.49{col 57}{space 3}0.000{col 65}{space 4} .4686423{col 78}{space 3} .6279455
{txt}{space 15}cfe_3_83 {c |}{col 25}{res}{space 2}-1.878437{col 37}{space 2}  .012898{col 48}{space 1} -145.64{col 57}{space 3}0.000{col 65}{space 4}-1.903717{col 78}{space 3}-1.853158
{txt}{space 15}cfe_3_84 {c |}{col 25}{res}{space 2} .0014212{col 37}{space 2} .0649482{col 48}{space 1}    0.02{col 57}{space 3}0.983{col 65}{space 4} -.125875{col 78}{space 3} .1287173
{txt}{space 15}cfe_3_85 {c |}{col 25}{res}{space 2}-1.057435{col 37}{space 2} .0074432{col 48}{space 1} -142.07{col 57}{space 3}0.000{col 65}{space 4}-1.072023{col 78}{space 3}-1.042846
{txt}{space 15}cfe_3_86 {c |}{col 25}{res}{space 2} .1303408{col 37}{space 2}  .055508{col 48}{space 1}    2.35{col 57}{space 3}0.019{col 65}{space 4} .0215471{col 78}{space 3} .2391345
{txt}{space 15}cfe_3_87 {c |}{col 25}{res}{space 2}-1.340077{col 37}{space 2} .0286089{col 48}{space 1}  -46.84{col 57}{space 3}0.000{col 65}{space 4} -1.39615{col 78}{space 3}-1.284005
{txt}{space 15}cfe_3_88 {c |}{col 25}{res}{space 2}-.4630521{col 37}{space 2} .0215795{col 48}{space 1}  -21.46{col 57}{space 3}0.000{col 65}{space 4}-.5053471{col 78}{space 3} -.420757
{txt}{space 15}cfe_3_89 {c |}{col 25}{res}{space 2}-1.216495{col 37}{space 2} .0084911{col 48}{space 1} -143.27{col 57}{space 3}0.000{col 65}{space 4}-1.233137{col 78}{space 3}-1.199852
{txt}{space 15}cfe_3_90 {c |}{col 25}{res}{space 2}-1.298007{col 37}{space 2} .0215795{col 48}{space 1}  -60.15{col 57}{space 3}0.000{col 65}{space 4}-1.340302{col 78}{space 3}-1.255713
{txt}{space 15}cfe_3_91 {c |}{col 25}{res}{space 2} .7087441{col 37}{space 2}  .048432{col 48}{space 1}   14.63{col 57}{space 3}0.000{col 65}{space 4} .6138192{col 78}{space 3}  .803669
{txt}{space 15}cfe_3_92 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_93 {c |}{col 25}{res}{space 2}-1.937558{col 37}{space 2} .0196696{col 48}{space 1}  -98.51{col 57}{space 3}0.000{col 65}{space 4}-1.976109{col 78}{space 3}-1.899006
{txt}{space 15}cfe_3_94 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_95 {c |}{col 25}{res}{space 2}-.9967904{col 37}{space 2} .0214295{col 48}{space 1}  -46.51{col 57}{space 3}0.000{col 65}{space 4}-1.038791{col 78}{space 3}-.9547894
{txt}{space 15}cfe_3_96 {c |}{col 25}{res}{space 2}-2.134067{col 37}{space 2} .0190918{col 48}{space 1} -111.78{col 57}{space 3}0.000{col 65}{space 4}-2.171486{col 78}{space 3}-2.096647
{txt}{space 15}cfe_3_97 {c |}{col 25}{res}{space 2}-2.965778{col 37}{space 2} .0171872{col 48}{space 1} -172.56{col 57}{space 3}0.000{col 65}{space 4}-2.999465{col 78}{space 3}-2.932092
{txt}{space 15}cfe_3_98 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 15}cfe_3_99 {c |}{col 25}{res}{space 2}-1.010661{col 37}{space 2} .0214242{col 48}{space 1}  -47.17{col 57}{space 3}0.000{col 65}{space 4}-1.052652{col 78}{space 3}-.9686707
{txt}{space 14}cfe_3_100 {c |}{col 25}{res}{space 2} 1.071895{col 37}{space 2} .0101119{col 48}{space 1}  106.00{col 57}{space 3}0.000{col 65}{space 4} 1.052076{col 78}{space 3} 1.091714
{txt}{space 14}cfe_3_101 {c |}{col 25}{res}{space 2}-.0678672{col 37}{space 2} .0283156{col 48}{space 1}   -2.40{col 57}{space 3}0.017{col 65}{space 4}-.1233649{col 78}{space 3}-.0123696
{txt}{space 14}cfe_3_102 {c |}{col 25}{res}{space 2}-.2564498{col 37}{space 2} .0198233{col 48}{space 1}  -12.94{col 57}{space 3}0.000{col 65}{space 4}-.2953028{col 78}{space 3}-.2175968
{txt}{space 14}cfe_3_103 {c |}{col 25}{res}{space 2} .1108374{col 37}{space 2} .0099946{col 48}{space 1}   11.09{col 57}{space 3}0.000{col 65}{space 4} .0912484{col 78}{space 3} .1304264
{txt}{space 14}cfe_3_104 {c |}{col 25}{res}{space 2}-.0698709{col 37}{space 2} .0557429{col 48}{space 1}   -1.25{col 57}{space 3}0.210{col 65}{space 4} -.179125{col 78}{space 3} .0393831
{txt}{space 14}cfe_3_105 {c |}{col 25}{res}{space 2} .0973625{col 37}{space 2}  .089683{col 48}{space 1}    1.09{col 57}{space 3}0.278{col 65}{space 4} -.078413{col 78}{space 3}  .273138
{txt}{space 14}cfe_3_106 {c |}{col 25}{res}{space 2}-.0694094{col 37}{space 2} .0324445{col 48}{space 1}   -2.14{col 57}{space 3}0.032{col 65}{space 4}-.1329995{col 78}{space 3}-.0058193
{txt}{space 14}cfe_3_107 {c |}{col 25}{res}{space 2} 1.405139{col 37}{space 2} .0379853{col 48}{space 1}   36.99{col 57}{space 3}0.000{col 65}{space 4} 1.330689{col 78}{space 3} 1.479588
{txt}{space 14}cfe_3_108 {c |}{col 25}{res}{space 2} .5288408{col 37}{space 2} .0660765{col 48}{space 1}    8.00{col 57}{space 3}0.000{col 65}{space 4} .3993333{col 78}{space 3} .6583483
{txt}{space 14}cfe_3_109 {c |}{col 25}{res}{space 2}  .967948{col 37}{space 2} .0053434{col 48}{space 1}  181.15{col 57}{space 3}0.000{col 65}{space 4} .9574753{col 78}{space 3} .9784208
{txt}{space 14}cfe_3_110 {c |}{col 25}{res}{space 2}-1.150897{col 37}{space 2} .0126328{col 48}{space 1}  -91.10{col 57}{space 3}0.000{col 65}{space 4}-1.175657{col 78}{space 3}-1.126138
{txt}{space 14}cfe_3_111 {c |}{col 25}{res}{space 2}-.4087176{col 37}{space 2} .0106563{col 48}{space 1}  -38.35{col 57}{space 3}0.000{col 65}{space 4}-.4296036{col 78}{space 3}-.3878316
{txt}{space 14}cfe_3_112 {c |}{col 25}{res}{space 2} .5843551{col 37}{space 2} .0207604{col 48}{space 1}   28.15{col 57}{space 3}0.000{col 65}{space 4} .5436655{col 78}{space 3} .6250447
{txt}{space 14}cfe_3_113 {c |}{col 25}{res}{space 2} 1.839693{col 37}{space 2} .0212954{col 48}{space 1}   86.39{col 57}{space 3}0.000{col 65}{space 4} 1.797954{col 78}{space 3} 1.881431
{txt}{space 14}cfe_3_114 {c |}{col 25}{res}{space 2}-.8010355{col 37}{space 2} .0240347{col 48}{space 1}  -33.33{col 57}{space 3}0.000{col 65}{space 4}-.8481427{col 78}{space 3}-.7539284
{txt}{space 14}cfe_3_115 {c |}{col 25}{res}{space 2}-.5447047{col 37}{space 2} .0421484{col 48}{space 1}  -12.92{col 57}{space 3}0.000{col 65}{space 4}-.6273141{col 78}{space 3}-.4620954
{txt}{space 14}cfe_3_116 {c |}{col 25}{res}{space 2}-2.450088{col 37}{space 2}  .021957{col 48}{space 1} -111.59{col 57}{space 3}0.000{col 65}{space 4}-2.493123{col 78}{space 3}-2.407053
{txt}{space 14}cfe_3_117 {c |}{col 25}{res}{space 2}-.0471148{col 37}{space 2} .0215795{col 48}{space 1}   -2.18{col 57}{space 3}0.029{col 65}{space 4}-.0894099{col 78}{space 3}-.0048198
{txt}{space 14}cfe_3_118 {c |}{col 25}{res}{space 2}  .240567{col 37}{space 2} .0215795{col 48}{space 1}   11.15{col 57}{space 3}0.000{col 65}{space 4}  .198272{col 78}{space 3} .2828621
{txt}{space 14}cfe_3_119 {c |}{col 25}{res}{space 2} 1.396729{col 37}{space 2} .0214182{col 48}{space 1}   65.21{col 57}{space 3}0.000{col 65}{space 4}  1.35475{col 78}{space 3} 1.438708
{txt}{space 14}cfe_3_120 {c |}{col 25}{res}{space 2}  1.37348{col 37}{space 2} .0215799{col 48}{space 1}   63.65{col 57}{space 3}0.000{col 65}{space 4} 1.331184{col 78}{space 3} 1.415775
{txt}{space 14}cfe_3_121 {c |}{col 25}{res}{space 2}-.8102475{col 37}{space 2} .0081504{col 48}{space 1}  -99.41{col 57}{space 3}0.000{col 65}{space 4} -.826222{col 78}{space 3} -.794273
{txt}{space 14}cfe_3_122 {c |}{col 25}{res}{space 2}-.3967722{col 37}{space 2} .0541232{col 48}{space 1}   -7.33{col 57}{space 3}0.000{col 65}{space 4}-.5028517{col 78}{space 3}-.2906927
{txt}{space 14}cfe_3_123 {c |}{col 25}{res}{space 2}-1.379355{col 37}{space 2} .0215795{col 48}{space 1}  -63.92{col 57}{space 3}0.000{col 65}{space 4} -1.42165{col 78}{space 3} -1.33706
{txt}{space 14}cfe_3_124 {c |}{col 25}{res}{space 2}-1.219679{col 37}{space 2}  .028373{col 48}{space 1}  -42.99{col 57}{space 3}0.000{col 65}{space 4}-1.275289{col 78}{space 3}-1.164069
{txt}{space 14}cfe_3_125 {c |}{col 25}{res}{space 2}  -.28073{col 37}{space 2} .0215795{col 48}{space 1}  -13.01{col 57}{space 3}0.000{col 65}{space 4} -.323025{col 78}{space 3}-.2384349
{txt}{space 14}cfe_3_126 {c |}{col 25}{res}{space 2}  .992908{col 37}{space 2} .0175492{col 48}{space 1}   56.58{col 57}{space 3}0.000{col 65}{space 4} .9585122{col 78}{space 3} 1.027304
{txt}{space 14}cfe_3_127 {c |}{col 25}{res}{space 2} 1.538485{col 37}{space 2} .0215818{col 48}{space 1}   71.29{col 57}{space 3}0.000{col 65}{space 4} 1.496186{col 78}{space 3} 1.580785
{txt}{space 14}cfe_3_128 {c |}{col 25}{res}{space 2} 1.066251{col 37}{space 2} .0118916{col 48}{space 1}   89.66{col 57}{space 3}0.000{col 65}{space 4} 1.042944{col 78}{space 3} 1.089558
{txt}{space 14}cfe_3_129 {c |}{col 25}{res}{space 2}-2.401013{col 37}{space 2} .0214362{col 48}{space 1} -112.01{col 57}{space 3}0.000{col 65}{space 4}-2.443028{col 78}{space 3}-2.358999
{txt}{space 14}cfe_3_130 {c |}{col 25}{res}{space 2} 1.194815{col 37}{space 2}   .02158{col 48}{space 1}   55.37{col 57}{space 3}0.000{col 65}{space 4} 1.152519{col 78}{space 3} 1.237111
{txt}{space 14}cfe_3_131 {c |}{col 25}{res}{space 2}-2.244364{col 37}{space 2} .0215795{col 48}{space 1} -104.00{col 57}{space 3}0.000{col 65}{space 4}-2.286659{col 78}{space 3}-2.202069
{txt}{space 14}cfe_3_132 {c |}{col 25}{res}{space 2} 1.525654{col 37}{space 2} .0220533{col 48}{space 1}   69.18{col 57}{space 3}0.000{col 65}{space 4}  1.48243{col 78}{space 3} 1.568878
{txt}{space 14}cfe_3_133 {c |}{col 25}{res}{space 2}-.2161913{col 37}{space 2} .0215795{col 48}{space 1}  -10.02{col 57}{space 3}0.000{col 65}{space 4}-.2584864{col 78}{space 3}-.1738963
{txt}{space 14}cfe_3_134 {c |}{col 25}{res}{space 2} 1.155043{col 37}{space 2}  .047261{col 48}{space 1}   24.44{col 57}{space 3}0.000{col 65}{space 4} 1.062413{col 78}{space 3} 1.247673
{txt}{space 14}cfe_3_135 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 14}cfe_3_136 {c |}{col 25}{res}{space 2} .8838354{col 37}{space 2} .0226814{col 48}{space 1}   38.97{col 57}{space 3}0.000{col 65}{space 4} .8393806{col 78}{space 3} .9282902
{txt}{space 14}cfe_3_137 {c |}{col 25}{res}{space 2} .1229759{col 37}{space 2} .0315898{col 48}{space 1}    3.89{col 57}{space 3}0.000{col 65}{space 4}  .061061{col 78}{space 3} .1848907
{txt}{space 14}cfe_3_138 {c |}{col 25}{res}{space 2}-1.073508{col 37}{space 2} .0850964{col 48}{space 1}  -12.62{col 57}{space 3}0.000{col 65}{space 4}-1.240294{col 78}{space 3}-.9067222
{txt}{space 14}cfe_3_139 {c |}{col 25}{res}{space 2} 1.039577{col 37}{space 2} .0381978{col 48}{space 1}   27.22{col 57}{space 3}0.000{col 65}{space 4} .9647104{col 78}{space 3} 1.114443
{txt}{space 14}cfe_3_140 {c |}{col 25}{res}{space 2}-1.446119{col 37}{space 2} .0214108{col 48}{space 1}  -67.54{col 57}{space 3}0.000{col 65}{space 4}-1.488083{col 78}{space 3}-1.404154
{txt}{space 14}cfe_3_141 {c |}{col 25}{res}{space 2}-1.520402{col 37}{space 2}  .014255{col 48}{space 1} -106.66{col 57}{space 3}0.000{col 65}{space 4}-1.548342{col 78}{space 3}-1.492463
{txt}{space 14}cfe_3_142 {c |}{col 25}{res}{space 2} .8780814{col 37}{space 2} .0197403{col 48}{space 1}   44.48{col 57}{space 3}0.000{col 65}{space 4} .8393911{col 78}{space 3} .9167717
{txt}{space 14}cfe_3_143 {c |}{col 25}{res}{space 2}-.3482554{col 37}{space 2} .0339041{col 48}{space 1}  -10.27{col 57}{space 3}0.000{col 65}{space 4}-.4147062{col 78}{space 3}-.2818046
{txt}{space 14}cfe_3_144 {c |}{col 25}{res}{space 2}-3.081724{col 37}{space 2} .0132679{col 48}{space 1} -232.27{col 57}{space 3}0.000{col 65}{space 4}-3.107729{col 78}{space 3}-3.055719
{txt}{space 14}cfe_3_145 {c |}{col 25}{res}{space 2}-.5395925{col 37}{space 2} .0215795{col 48}{space 1}  -25.00{col 57}{space 3}0.000{col 65}{space 4}-.5818876{col 78}{space 3}-.4972974
{txt}{space 14}cfe_3_146 {c |}{col 25}{res}{space 2}-.1646332{col 37}{space 2} .0286372{col 48}{space 1}   -5.75{col 57}{space 3}0.000{col 65}{space 4}-.2207611{col 78}{space 3}-.1085054
{txt}{space 14}cfe_3_147 {c |}{col 25}{res}{space 2}-.0031276{col 37}{space 2} .0115704{col 48}{space 1}   -0.27{col 57}{space 3}0.787{col 65}{space 4}-.0258052{col 78}{space 3} .0195499
{txt}{space 14}cfe_3_148 {c |}{col 25}{res}{space 2} .1535558{col 37}{space 2} .0215795{col 48}{space 1}    7.12{col 57}{space 3}0.000{col 65}{space 4} .1112607{col 78}{space 3} .1958508
{txt}{space 14}cfe_3_149 {c |}{col 25}{res}{space 2} .9403507{col 37}{space 2} .0638287{col 48}{space 1}   14.73{col 57}{space 3}0.000{col 65}{space 4} .8152488{col 78}{space 3} 1.065453
{txt}{space 14}cfe_3_150 {c |}{col 25}{res}{space 2} 1.110892{col 37}{space 2} .0328983{col 48}{space 1}   33.77{col 57}{space 3}0.000{col 65}{space 4} 1.046412{col 78}{space 3} 1.175372
{txt}{space 14}cfe_3_151 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 14}cfe_3_152 {c |}{col 25}{res}{space 2}-2.367903{col 37}{space 2}  .021993{col 48}{space 1} -107.67{col 57}{space 3}0.000{col 65}{space 4}-2.411008{col 78}{space 3}-2.324797
{txt}{space 14}cfe_3_153 {c |}{col 25}{res}{space 2}-17.53251{col 37}{space 2} 1.003474{col 48}{space 1}  -17.47{col 57}{space 3}0.000{col 65}{space 4}-19.49928{col 78}{space 3}-15.56574
{txt}{space 14}cfe_3_154 {c |}{col 25}{res}{space 2} -17.5438{col 37}{space 2} 1.003472{col 48}{space 1}  -17.48{col 57}{space 3}0.000{col 65}{space 4}-19.51057{col 78}{space 3}-15.57703
{txt}{space 14}cfe_3_155 {c |}{col 25}{res}{space 2}-1.435554{col 37}{space 2} .0240386{col 48}{space 1}  -59.72{col 57}{space 3}0.000{col 65}{space 4}-1.482668{col 78}{space 3}-1.388439
{txt}{space 18}_cons {c |}{col 25}{res}{space 2}-1.393246{col 37}{space 2} .0215795{col 48}{space 1}  -64.56{col 57}{space 3}0.000{col 65}{space 4}-1.435541{col 78}{space 3}-1.350951
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 15}/lnalpha {c |}{col 25}{res}{space 2} .2185138{col 37}{space 2} .1121647{col 65}{space 4}-.0013249{col 78}{space 3} .4383525
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                  alpha {c |}{col 25}{res}{space 2} 1.244226{col 37}{space 2} .1395582{col 65}{space 4}  .998676{col 78}{space 3} 1.550151
{txt}{hline 24}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Dropping fixed effects variables
.         drop cfe_3_1-cfe_3_155          
{txt}
{com}.         
.         *Model 4: Retrieving fixed effects variables 
.         #delimit ;
{txt}delimiter now ;
{com}.         quietly xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{txt}
{com}.         #delimit cr
{txt}delimiter now cr
{com}.         quietly tab cowcode if e(sample)==1, gen(cfe_4_)
{txt}
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         nbreg firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 cfe_4_2-cfe_4_165
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 cluster(cowcode)                        
>         ;

{txt}Fitting Poisson model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-9183.2217}  
Iteration 1:{space 3}log pseudolikelihood = {res:-7040.7293}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5891.4914}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5741.4837}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5704.6376}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5699.8639}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5699.6067}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5699.6016}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5699.6004}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5699.6002}  
Iteration 10:{space 2}log pseudolikelihood = {res:-5699.6002}  
Iteration 11:{space 2}log pseudolikelihood = {res:-5699.6002}  
{res}
{txt}Fitting constant-only model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6380.8393}  
Iteration 1:{space 3}log pseudolikelihood = {res:-6328.7613}  
Iteration 2:{space 3}log pseudolikelihood = {res:-6133.7618}  
Iteration 3:{space 3}log pseudolikelihood = {res:-6133.2216}  
Iteration 4:{space 3}log pseudolikelihood = {res:-6133.2215}  
{res}
{txt}Fitting full model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-6133.2215}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5377.4637}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5318.5951}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5300.3957}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5298.4785}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5298.1258}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5298.0476}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5298.0289}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5298.0248}  
Iteration 9:{space 3}log pseudolikelihood = {res: -5298.024}  
Iteration 10:{space 2}log pseudolikelihood = {res:-5298.0238}  
Iteration 11:{space 2}log pseudolikelihood = {res:-5298.0238}  
Iteration 12:{space 2}log pseudolikelihood = {res:-5298.0238}  
{res}
{txt}Negative binomial regression{col 49}Number of obs{col 67}= {res}     8,222
{txt}{col 49}{help j_robustsingular##|_new:Wald chi2(137)}{col 67}=          {res}.
{txt}{col 1}Dispersion{col 22}= {res}mean{txt}{col 49}Prob > chi2{col 67}=          {res}.
{txt}Log pseudolikelihood = {res}-5298.0238{txt}{col 49}Pseudo R2{col 67}= {res}    0.1362

{txt}{ralign 89:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}firm_strict_count_start{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      z{col 57}   P>|z|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 13}new_uspres {c |}{col 25}{res}{space 2} .0640132{col 37}{space 2} .0668926{col 48}{space 1}    0.96{col 57}{space 3}0.339{col 65}{space 4}-.0670938{col 78}{space 3} .1951203
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{txt}{space 15}cfe_4_91 {c |}{col 25}{res}{space 2} .6463713{col 37}{space 2} .0149967{col 48}{space 1}   43.10{col 57}{space 3}0.000{col 65}{space 4} .6169784{col 78}{space 3} .6757643
{txt}{space 15}cfe_4_92 {c |}{col 25}{res}{space 2}-2.044307{col 37}{space 2} .0208093{col 48}{space 1}  -98.24{col 57}{space 3}0.000{col 65}{space 4}-2.085092{col 78}{space 3}-2.003521
{txt}{space 15}cfe_4_93 {c |}{col 25}{res}{space 2} .2126927{col 37}{space 2} .0130339{col 48}{space 1}   16.32{col 57}{space 3}0.000{col 65}{space 4} .1871468{col 78}{space 3} .2382387
{txt}{space 15}cfe_4_94 {c |}{col 25}{res}{space 2}-1.198473{col 37}{space 2} .0214782{col 48}{space 1}  -55.80{col 57}{space 3}0.000{col 65}{space 4} -1.24057{col 78}{space 3}-1.156377
{txt}{space 15}cfe_4_95 {c |}{col 25}{res}{space 2} .2343987{col 37}{space 2} .0210515{col 48}{space 1}   11.13{col 57}{space 3}0.000{col 65}{space 4} .1931386{col 78}{space 3} .2756589
{txt}{space 15}cfe_4_96 {c |}{col 25}{res}{space 2}-1.335993{col 37}{space 2} .0158446{col 48}{space 1}  -84.32{col 57}{space 3}0.000{col 65}{space 4}-1.367048{col 78}{space 3}-1.304938
{txt}{space 15}cfe_4_97 {c |}{col 25}{res}{space 2}-.6300273{col 37}{space 2} .0130071{col 48}{space 1}  -48.44{col 57}{space 3}0.000{col 65}{space 4}-.6555207{col 78}{space 3}-.6045339
{txt}{space 15}cfe_4_98 {c |}{col 25}{res}{space 2}-1.327847{col 37}{space 2} .0147795{col 48}{space 1}  -89.84{col 57}{space 3}0.000{col 65}{space 4}-1.356815{col 78}{space 3} -1.29888
{txt}{space 15}cfe_4_99 {c |}{col 25}{res}{space 2}-1.503828{col 37}{space 2} .0166675{col 48}{space 1}  -90.23{col 57}{space 3}0.000{col 65}{space 4}-1.536496{col 78}{space 3}-1.471161
{txt}{space 14}cfe_4_100 {c |}{col 25}{res}{space 2} .9255797{col 37}{space 2} .0139707{col 48}{space 1}   66.25{col 57}{space 3}0.000{col 65}{space 4} .8981977{col 78}{space 3} .9529618
{txt}{space 14}cfe_4_101 {c |}{col 25}{res}{space 2} -17.9872{col 37}{space 2} 1.003088{col 48}{space 1}  -17.93{col 57}{space 3}0.000{col 65}{space 4}-19.95322{col 78}{space 3}-16.02119
{txt}{space 14}cfe_4_102 {c |}{col 25}{res}{space 2}-2.103505{col 37}{space 2} .0180422{col 48}{space 1} -116.59{col 57}{space 3}0.000{col 65}{space 4}-2.138868{col 78}{space 3}-2.068143
{txt}{space 14}cfe_4_103 {c |}{col 25}{res}{space 2}-17.96434{col 37}{space 2} 1.003095{col 48}{space 1}  -17.91{col 57}{space 3}0.000{col 65}{space 4}-19.93037{col 78}{space 3}-15.99831
{txt}{space 14}cfe_4_104 {c |}{col 25}{res}{space 2}-1.191032{col 37}{space 2} .0173009{col 48}{space 1}  -68.84{col 57}{space 3}0.000{col 65}{space 4}-1.224941{col 78}{space 3}-1.157123
{txt}{space 14}cfe_4_105 {c |}{col 25}{res}{space 2}-2.306237{col 37}{space 2} .0138883{col 48}{space 1} -166.06{col 57}{space 3}0.000{col 65}{space 4}-2.333457{col 78}{space 3}-2.279016
{txt}{space 14}cfe_4_106 {c |}{col 25}{res}{space 2}-3.104475{col 37}{space 2} .0140024{col 48}{space 1} -221.71{col 57}{space 3}0.000{col 65}{space 4}-3.131919{col 78}{space 3} -3.07703
{txt}{space 14}cfe_4_107 {c |}{col 25}{res}{space 2}-17.96462{col 37}{space 2} 1.003091{col 48}{space 1}  -17.91{col 57}{space 3}0.000{col 65}{space 4}-19.93064{col 78}{space 3} -15.9986
{txt}{space 14}cfe_4_108 {c |}{col 25}{res}{space 2}-1.186546{col 37}{space 2} .0132942{col 48}{space 1}  -89.25{col 57}{space 3}0.000{col 65}{space 4}-1.212602{col 78}{space 3}-1.160489
{txt}{space 14}cfe_4_109 {c |}{col 25}{res}{space 2} 1.016516{col 37}{space 2} .0166116{col 48}{space 1}   61.19{col 57}{space 3}0.000{col 65}{space 4} .9839573{col 78}{space 3} 1.049074
{txt}{space 14}cfe_4_110 {c |}{col 25}{res}{space 2} .0309647{col 37}{space 2} .0101613{col 48}{space 1}    3.05{col 57}{space 3}0.002{col 65}{space 4}  .011049{col 78}{space 3} .0508805
{txt}{space 14}cfe_4_111 {c |}{col 25}{res}{space 2}-.4115529{col 37}{space 2} .0125921{col 48}{space 1}  -32.68{col 57}{space 3}0.000{col 65}{space 4} -.436233{col 78}{space 3}-.3868728
{txt}{space 14}cfe_4_112 {c |}{col 25}{res}{space 2} .0801006{col 37}{space 2} .0119063{col 48}{space 1}    6.73{col 57}{space 3}0.000{col 65}{space 4} .0567647{col 78}{space 3} .1034365
{txt}{space 14}cfe_4_113 {c |}{col 25}{res}{space 2} .1646932{col 37}{space 2} .0103578{col 48}{space 1}   15.90{col 57}{space 3}0.000{col 65}{space 4} .1443922{col 78}{space 3} .1849941
{txt}{space 14}cfe_4_114 {c |}{col 25}{res}{space 2} .4206001{col 37}{space 2} .0204418{col 48}{space 1}   20.58{col 57}{space 3}0.000{col 65}{space 4} .3805349{col 78}{space 3} .4606652
{txt}{space 14}cfe_4_115 {c |}{col 25}{res}{space 2}-.0091005{col 37}{space 2} .0109404{col 48}{space 1}   -0.83{col 57}{space 3}0.406{col 65}{space 4}-.0305433{col 78}{space 3} .0123423
{txt}{space 14}cfe_4_116 {c |}{col 25}{res}{space 2} 1.527545{col 37}{space 2} .0150884{col 48}{space 1}  101.24{col 57}{space 3}0.000{col 65}{space 4} 1.497972{col 78}{space 3} 1.557118
{txt}{space 14}cfe_4_117 {c |}{col 25}{res}{space 2} .7618196{col 37}{space 2} .0138823{col 48}{space 1}   54.88{col 57}{space 3}0.000{col 65}{space 4} .7346108{col 78}{space 3} .7890284
{txt}{space 14}cfe_4_118 {c |}{col 25}{res}{space 2} .9318256{col 37}{space 2} .0138338{col 48}{space 1}   67.36{col 57}{space 3}0.000{col 65}{space 4} .9047119{col 78}{space 3} .9589393
{txt}{space 14}cfe_4_119 {c |}{col 25}{res}{space 2} -1.17192{col 37}{space 2} .0141655{col 48}{space 1}  -82.73{col 57}{space 3}0.000{col 65}{space 4}-1.199684{col 78}{space 3}-1.144156
{txt}{space 14}cfe_4_120 {c |}{col 25}{res}{space 2}-.4782664{col 37}{space 2} .0128399{col 48}{space 1}  -37.25{col 57}{space 3}0.000{col 65}{space 4}-.5034322{col 78}{space 3}-.4531006
{txt}{space 14}cfe_4_121 {c |}{col 25}{res}{space 2} .4184865{col 37}{space 2} .0117508{col 48}{space 1}   35.61{col 57}{space 3}0.000{col 65}{space 4} .3954553{col 78}{space 3} .4415177
{txt}{space 14}cfe_4_122 {c |}{col 25}{res}{space 2} 2.689151{col 37}{space 2} .0232065{col 48}{space 1}  115.88{col 57}{space 3}0.000{col 65}{space 4} 2.643667{col 78}{space 3} 2.734635
{txt}{space 14}cfe_4_123 {c |}{col 25}{res}{space 2} 1.680779{col 37}{space 2} .0148645{col 48}{space 1}  113.07{col 57}{space 3}0.000{col 65}{space 4} 1.651645{col 78}{space 3} 1.709913
{txt}{space 14}cfe_4_124 {c |}{col 25}{res}{space 2}-.7441466{col 37}{space 2} .0111635{col 48}{space 1}  -66.66{col 57}{space 3}0.000{col 65}{space 4}-.7660267{col 78}{space 3}-.7222666
{txt}{space 14}cfe_4_125 {c |}{col 25}{res}{space 2}-.5165262{col 37}{space 2} .0262685{col 48}{space 1}  -19.66{col 57}{space 3}0.000{col 65}{space 4}-.5680115{col 78}{space 3}-.4650408
{txt}{space 14}cfe_4_126 {c |}{col 25}{res}{space 2}-2.555739{col 37}{space 2} .0102639{col 48}{space 1} -249.00{col 57}{space 3}0.000{col 65}{space 4}-2.575856{col 78}{space 3}-2.535622
{txt}{space 14}cfe_4_127 {c |}{col 25}{res}{space 2}-.2766072{col 37}{space 2} .0234679{col 48}{space 1}  -11.79{col 57}{space 3}0.000{col 65}{space 4}-.3226035{col 78}{space 3}-.2306109
{txt}{space 14}cfe_4_128 {c |}{col 25}{res}{space 2} .0682714{col 37}{space 2} .0141946{col 48}{space 1}    4.81{col 57}{space 3}0.000{col 65}{space 4} .0404505{col 78}{space 3} .0960924
{txt}{space 14}cfe_4_129 {c |}{col 25}{res}{space 2} 1.241863{col 37}{space 2} .0156436{col 48}{space 1}   79.38{col 57}{space 3}0.000{col 65}{space 4} 1.211202{col 78}{space 3} 1.272524
{txt}{space 14}cfe_4_130 {c |}{col 25}{res}{space 2} 1.188312{col 37}{space 2} .0195132{col 48}{space 1}   60.90{col 57}{space 3}0.000{col 65}{space 4} 1.150067{col 78}{space 3} 1.226557
{txt}{space 14}cfe_4_131 {c |}{col 25}{res}{space 2}-.9095087{col 37}{space 2} .0132209{col 48}{space 1}  -68.79{col 57}{space 3}0.000{col 65}{space 4}-.9354212{col 78}{space 3}-.8835962
{txt}{space 14}cfe_4_132 {c |}{col 25}{res}{space 2}-.2471376{col 37}{space 2} .0149436{col 48}{space 1}  -16.54{col 57}{space 3}0.000{col 65}{space 4}-.2764265{col 78}{space 3}-.2178487
{txt}{space 14}cfe_4_133 {c |}{col 25}{res}{space 2}-1.567425{col 37}{space 2} .0263551{col 48}{space 1}  -59.47{col 57}{space 3}0.000{col 65}{space 4} -1.61908{col 78}{space 3} -1.51577
{txt}{space 14}cfe_4_134 {c |}{col 25}{res}{space 2}-1.202269{col 37}{space 2} .0253766{col 48}{space 1}  -47.38{col 57}{space 3}0.000{col 65}{space 4}-1.252006{col 78}{space 3}-1.152532
{txt}{space 14}cfe_4_135 {c |}{col 25}{res}{space 2}-.4935369{col 37}{space 2}  .023758{col 48}{space 1}  -20.77{col 57}{space 3}0.000{col 65}{space 4}-.5401016{col 78}{space 3}-.4469722
{txt}{space 14}cfe_4_136 {c |}{col 25}{res}{space 2} .8050795{col 37}{space 2} .0223266{col 48}{space 1}   36.06{col 57}{space 3}0.000{col 65}{space 4} .7613201{col 78}{space 3} .8488389
{txt}{space 14}cfe_4_137 {c |}{col 25}{res}{space 2} 1.392867{col 37}{space 2} .0191086{col 48}{space 1}   72.89{col 57}{space 3}0.000{col 65}{space 4} 1.355415{col 78}{space 3} 1.430319
{txt}{space 14}cfe_4_138 {c |}{col 25}{res}{space 2} .9894925{col 37}{space 2} .0122453{col 48}{space 1}   80.81{col 57}{space 3}0.000{col 65}{space 4} .9654922{col 78}{space 3} 1.013493
{txt}{space 14}cfe_4_139 {c |}{col 25}{res}{space 2}-2.574786{col 37}{space 2} .0140763{col 48}{space 1} -182.92{col 57}{space 3}0.000{col 65}{space 4}-2.602375{col 78}{space 3}-2.547197
{txt}{space 14}cfe_4_140 {c |}{col 25}{res}{space 2} 1.014276{col 37}{space 2} .0154355{col 48}{space 1}   65.71{col 57}{space 3}0.000{col 65}{space 4} .9840231{col 78}{space 3} 1.044529
{txt}{space 14}cfe_4_141 {c |}{col 25}{res}{space 2}-2.441856{col 37}{space 2} .0184981{col 48}{space 1} -132.01{col 57}{space 3}0.000{col 65}{space 4}-2.478112{col 78}{space 3}  -2.4056
{txt}{space 14}cfe_4_142 {c |}{col 25}{res}{space 2} 1.413132{col 37}{space 2} .0085374{col 48}{space 1}  165.52{col 57}{space 3}0.000{col 65}{space 4} 1.396399{col 78}{space 3} 1.429865
{txt}{space 14}cfe_4_143 {c |}{col 25}{res}{space 2}-.6507427{col 37}{space 2} .0202266{col 48}{space 1}  -32.17{col 57}{space 3}0.000{col 65}{space 4}-.6903862{col 78}{space 3}-.6110993
{txt}{space 14}cfe_4_144 {c |}{col 25}{res}{space 2} 1.290225{col 37}{space 2}  .019953{col 48}{space 1}   64.66{col 57}{space 3}0.000{col 65}{space 4} 1.251118{col 78}{space 3} 1.329333
{txt}{space 14}cfe_4_145 {c |}{col 25}{res}{space 2}-18.03722{col 37}{space 2} 1.003165{col 48}{space 1}  -17.98{col 57}{space 3}0.000{col 65}{space 4}-20.00339{col 78}{space 3}-16.07106
{txt}{space 14}cfe_4_146 {c |}{col 25}{res}{space 2} .9446057{col 37}{space 2} .0108624{col 48}{space 1}   86.96{col 57}{space 3}0.000{col 65}{space 4} .9233158{col 78}{space 3} .9658956
{txt}{space 14}cfe_4_147 {c |}{col 25}{res}{space 2}  .339913{col 37}{space 2} .0188238{col 48}{space 1}   18.06{col 57}{space 3}0.000{col 65}{space 4} .3030191{col 78}{space 3} .3768069
{txt}{space 14}cfe_4_148 {c |}{col 25}{res}{space 2} -.725582{col 37}{space 2} .0144547{col 48}{space 1}  -50.20{col 57}{space 3}0.000{col 65}{space 4}-.7539127{col 78}{space 3}-.6972513
{txt}{space 14}cfe_4_149 {c |}{col 25}{res}{space 2}  1.08853{col 37}{space 2} .0196358{col 48}{space 1}   55.44{col 57}{space 3}0.000{col 65}{space 4} 1.050045{col 78}{space 3} 1.127016
{txt}{space 14}cfe_4_150 {c |}{col 25}{res}{space 2}-1.619877{col 37}{space 2} .0123174{col 48}{space 1} -131.51{col 57}{space 3}0.000{col 65}{space 4}-1.644019{col 78}{space 3}-1.595736
{txt}{space 14}cfe_4_151 {c |}{col 25}{res}{space 2} -1.56507{col 37}{space 2} .0141953{col 48}{space 1} -110.25{col 57}{space 3}0.000{col 65}{space 4}-1.592893{col 78}{space 3}-1.537248
{txt}{space 14}cfe_4_152 {c |}{col 25}{res}{space 2} .9574336{col 37}{space 2} .0176549{col 48}{space 1}   54.23{col 57}{space 3}0.000{col 65}{space 4} .9228306{col 78}{space 3} .9920366
{txt}{space 14}cfe_4_153 {c |}{col 25}{res}{space 2}-.2679276{col 37}{space 2} .0111488{col 48}{space 1}  -24.03{col 57}{space 3}0.000{col 65}{space 4}-.2897788{col 78}{space 3}-.2460764
{txt}{space 14}cfe_4_154 {c |}{col 25}{res}{space 2}-3.126786{col 37}{space 2} .0162423{col 48}{space 1} -192.51{col 57}{space 3}0.000{col 65}{space 4} -3.15862{col 78}{space 3}-3.094952
{txt}{space 14}cfe_4_155 {c |}{col 25}{res}{space 2}-.7151695{col 37}{space 2} .0142263{col 48}{space 1}  -50.27{col 57}{space 3}0.000{col 65}{space 4}-.7430525{col 78}{space 3}-.6872865
{txt}{space 14}cfe_4_156 {c |}{col 25}{res}{space 2}-.0520812{col 37}{space 2} .0086643{col 48}{space 1}   -6.01{col 57}{space 3}0.000{col 65}{space 4}-.0690628{col 78}{space 3}-.0350995
{txt}{space 14}cfe_4_157 {c |}{col 25}{res}{space 2}-.1368417{col 37}{space 2} .0138368{col 48}{space 1}   -9.89{col 57}{space 3}0.000{col 65}{space 4}-.1639613{col 78}{space 3}-.1097221
{txt}{space 14}cfe_4_158 {c |}{col 25}{res}{space 2}-.0182177{col 37}{space 2} .0149323{col 48}{space 1}   -1.22{col 57}{space 3}0.222{col 65}{space 4}-.0474845{col 78}{space 3} .0110491
{txt}{space 14}cfe_4_159 {c |}{col 25}{res}{space 2}  1.22006{col 37}{space 2} .0096524{col 48}{space 1}  126.40{col 57}{space 3}0.000{col 65}{space 4} 1.201142{col 78}{space 3} 1.238979
{txt}{space 14}cfe_4_160 {c |}{col 25}{res}{space 2} 1.224952{col 37}{space 2}  .009766{col 48}{space 1}  125.43{col 57}{space 3}0.000{col 65}{space 4} 1.205811{col 78}{space 3} 1.244093
{txt}{space 14}cfe_4_161 {c |}{col 25}{res}{space 2}-18.01484{col 37}{space 2} 1.003112{col 48}{space 1}  -17.96{col 57}{space 3}0.000{col 65}{space 4} -19.9809{col 78}{space 3}-16.04877
{txt}{space 14}cfe_4_162 {c |}{col 25}{res}{space 2}-2.484062{col 37}{space 2} .0108626{col 48}{space 1} -228.68{col 57}{space 3}0.000{col 65}{space 4}-2.505353{col 78}{space 3}-2.462772
{txt}{space 14}cfe_4_163 {c |}{col 25}{res}{space 2}-17.97232{col 37}{space 2} 1.003087{col 48}{space 1}  -17.92{col 57}{space 3}0.000{col 65}{space 4}-19.93833{col 78}{space 3} -16.0063
{txt}{space 14}cfe_4_164 {c |}{col 25}{res}{space 2}-18.01795{col 37}{space 2} 1.003137{col 48}{space 1}  -17.96{col 57}{space 3}0.000{col 65}{space 4}-19.98406{col 78}{space 3}-16.05183
{txt}{space 14}cfe_4_165 {c |}{col 25}{res}{space 2}-1.590314{col 37}{space 2} .0115321{col 48}{space 1} -137.90{col 57}{space 3}0.000{col 65}{space 4}-1.612917{col 78}{space 3}-1.567712
{txt}{space 18}_cons {c |}{col 25}{res}{space 2}-1.303009{col 37}{space 2} .0232073{col 48}{space 1}  -56.15{col 57}{space 3}0.000{col 65}{space 4}-1.348494{col 78}{space 3}-1.257523
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 15}/lnalpha {c |}{col 25}{res}{space 2} .2774336{col 37}{space 2} .1111847{col 65}{space 4} .0595155{col 78}{space 3} .4953516
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                  alpha {c |}{col 25}{res}{space 2} 1.319738{col 37}{space 2} .1467347{col 65}{space 4} 1.061322{col 78}{space 3} 1.641075
{txt}{hline 24}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Dropping fixed effects variables
.         drop cfe_4_1-cfe_4_165          
{txt}
{com}.         
.         *Model 5: Retrieving fixed effects variables 
.         #delimit ;
{txt}delimiter now ;
{com}.         quietly xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{txt}
{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         quietly tab cowcode if e(sample)==1, gen(cfe_5_)        
{txt}
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         nbreg firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 cfe_5_2-cfe_5_148
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 cluster(cowcode)                        
>         ;

{txt}Fitting Poisson model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-5042.1944}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5008.5902}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5007.2207}  
Iteration 3:{space 3}log pseudolikelihood = {res:-5006.9946}  
Iteration 4:{space 3}log pseudolikelihood = {res:-5006.9396}  
Iteration 5:{space 3}log pseudolikelihood = {res:-5006.9264}  
Iteration 6:{space 3}log pseudolikelihood = {res:-5006.9238}  
Iteration 7:{space 3}log pseudolikelihood = {res:-5006.9232}  
Iteration 8:{space 3}log pseudolikelihood = {res:-5006.9231}  
Iteration 9:{space 3}log pseudolikelihood = {res:-5006.9231}  
{res}
{txt}Fitting constant-only model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-5529.3723}  
Iteration 1:{space 3}log pseudolikelihood = {res:-5397.2377}  
Iteration 2:{space 3}log pseudolikelihood = {res:-5395.2776}  
Iteration 3:{space 3}log pseudolikelihood = {res: -5395.276}  
Iteration 4:{space 3}log pseudolikelihood = {res: -5395.276}  
{res}
{txt}Fitting full model:
{res}
{txt}Iteration 0:{space 3}log pseudolikelihood = {res:-5191.2236}  
Iteration 1:{space 3}log pseudolikelihood = {res:-4782.0799}  
Iteration 2:{space 3}log pseudolikelihood = {res:-4722.0457}  
Iteration 3:{space 3}log pseudolikelihood = {res:-4720.7854}  
Iteration 4:{space 3}log pseudolikelihood = {res: -4720.783}  
Iteration 5:{space 3}log pseudolikelihood = {res: -4720.783}  
{res}
{txt}Negative binomial regression{col 49}Number of obs{col 67}= {res}     6,396
{txt}{col 49}{help j_robustsingular##|_new:Wald chi2(44)}{col 67}=          {res}.
{txt}{col 1}Dispersion{col 22}= {res}mean{txt}{col 49}Prob > chi2{col 67}=          {res}.
{txt}Log pseudolikelihood = {res} -4720.783{txt}{col 49}Pseudo R2{col 67}= {res}    0.1250

{txt}{ralign 89:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}firm_strict_count_start{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      z{col 57}   P>|z|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 13}tournament {c |}{col 25}{res}{space 2} .6463699{col 37}{space 2} .2803205{col 48}{space 1}    2.31{col 57}{space 3}0.021{col 65}{space 4} .0969519{col 78}{space 3} 1.195788
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{txt}{space 9}l_bin_coup_suc {c |}{col 25}{res}{space 2} .3561774{col 37}{space 2} .1364011{col 48}{space 1}    2.61{col 57}{space 3}0.009{col 65}{space 4} .0888362{col 78}{space 3} .6235186
{txt}{space 13}new_uspres {c |}{col 25}{res}{space 2} .0555877{col 37}{space 2} .0700533{col 48}{space 1}    0.79{col 57}{space 3}0.427{col 65}{space 4}-.0817142{col 78}{space 3} .1928897
{txt}{space 12}cubancrisis {c |}{col 25}{res}{space 2} .0560868{col 37}{space 2} .1590655{col 48}{space 1}    0.35{col 57}{space 3}0.724{col 65}{space 4}-.2556758{col 78}{space 3} .3678495
{txt}{space 13}coldwarend {c |}{col 25}{res}{space 2} .3997671{col 37}{space 2}  .137203{col 48}{space 1}    2.91{col 57}{space 3}0.004{col 65}{space 4}  .130854{col 78}{space 3} .6686801
{txt}{space 12}waronterror {c |}{col 25}{res}{space 2} .3177375{col 37}{space 2} .1321736{col 48}{space 1}    2.40{col 57}{space 3}0.016{col 65}{space 4}  .058682{col 78}{space 3}  .576793
{txt}{space 16}cfe_5_2 {c |}{col 25}{res}{space 2} 1.509185{col 37}{space 2} .1054156{col 48}{space 1}   14.32{col 57}{space 3}0.000{col 65}{space 4} 1.302574{col 78}{space 3} 1.715796
{txt}{space 16}cfe_5_3 {c |}{col 25}{res}{space 2} 1.747396{col 37}{space 2} .1094688{col 48}{space 1}   15.96{col 57}{space 3}0.000{col 65}{space 4} 1.532841{col 78}{space 3} 1.961951
{txt}{space 16}cfe_5_4 {c |}{col 25}{res}{space 2} 1.339389{col 37}{space 2} .1927785{col 48}{space 1}    6.95{col 57}{space 3}0.000{col 65}{space 4} .9615498{col 78}{space 3} 1.717227
{txt}{space 16}cfe_5_5 {c |}{col 25}{res}{space 2} 1.576714{col 37}{space 2} .0813218{col 48}{space 1}   19.39{col 57}{space 3}0.000{col 65}{space 4} 1.417326{col 78}{space 3} 1.736102
{txt}{space 16}cfe_5_6 {c |}{col 25}{res}{space 2} .4728998{col 37}{space 2} .0978026{col 48}{space 1}    4.84{col 57}{space 3}0.000{col 65}{space 4} .2812102{col 78}{space 3} .6645894
{txt}{space 16}cfe_5_7 {c |}{col 25}{res}{space 2} .0839478{col 37}{space 2}   .11535{col 48}{space 1}    0.73{col 57}{space 3}0.467{col 65}{space 4} -.142134{col 78}{space 3} .3100297
{txt}{space 16}cfe_5_8 {c |}{col 25}{res}{space 2} .5477543{col 37}{space 2} .0924407{col 48}{space 1}    5.93{col 57}{space 3}0.000{col 65}{space 4} .3665739{col 78}{space 3} .7289348
{txt}{space 16}cfe_5_9 {c |}{col 25}{res}{space 2} .6782692{col 37}{space 2} .1144923{col 48}{space 1}    5.92{col 57}{space 3}0.000{col 65}{space 4} .4538685{col 78}{space 3} .9026699
{txt}{space 15}cfe_5_10 {c |}{col 25}{res}{space 2} .4550413{col 37}{space 2} .1164645{col 48}{space 1}    3.91{col 57}{space 3}0.000{col 65}{space 4}  .226775{col 78}{space 3} .6833076
{txt}{space 15}cfe_5_11 {c |}{col 25}{res}{space 2} 1.122825{col 37}{space 2} .0596372{col 48}{space 1}   18.83{col 57}{space 3}0.000{col 65}{space 4} 1.005939{col 78}{space 3} 1.239712
{txt}{space 15}cfe_5_12 {c |}{col 25}{res}{space 2} .2319118{col 37}{space 2} .0708388{col 48}{space 1}    3.27{col 57}{space 3}0.001{col 65}{space 4} .0930702{col 78}{space 3} .3707533
{txt}{space 15}cfe_5_13 {c |}{col 25}{res}{space 2}  1.06889{col 37}{space 2} .0650705{col 48}{space 1}   16.43{col 57}{space 3}0.000{col 65}{space 4} .9413547{col 78}{space 3} 1.196426
{txt}{space 15}cfe_5_14 {c |}{col 25}{res}{space 2} .3284968{col 37}{space 2} .1066687{col 48}{space 1}    3.08{col 57}{space 3}0.002{col 65}{space 4} .1194301{col 78}{space 3} .5375636
{txt}{space 15}cfe_5_15 {c |}{col 25}{res}{space 2} -.070849{col 37}{space 2} .1761178{col 48}{space 1}   -0.40{col 57}{space 3}0.687{col 65}{space 4}-.4160335{col 78}{space 3} .2743355
{txt}{space 15}cfe_5_16 {c |}{col 25}{res}{space 2} .0617397{col 37}{space 2} .0952617{col 48}{space 1}    0.65{col 57}{space 3}0.517{col 65}{space 4}-.1249698{col 78}{space 3} .2484491
{txt}{space 15}cfe_5_17 {c |}{col 25}{res}{space 2}-.3848337{col 37}{space 2} .0371055{col 48}{space 1}  -10.37{col 57}{space 3}0.000{col 65}{space 4}-.4575591{col 78}{space 3}-.3121082
{txt}{space 15}cfe_5_18 {c |}{col 25}{res}{space 2}  .771711{col 37}{space 2} .0531785{col 48}{space 1}   14.51{col 57}{space 3}0.000{col 65}{space 4}  .667483{col 78}{space 3} .8759389
{txt}{space 15}cfe_5_19 {c |}{col 25}{res}{space 2} -.208902{col 37}{space 2} .1049959{col 48}{space 1}   -1.99{col 57}{space 3}0.047{col 65}{space 4}-.4146901{col 78}{space 3}-.0031139
{txt}{space 15}cfe_5_20 {c |}{col 25}{res}{space 2}-.9123877{col 37}{space 2} .1444585{col 48}{space 1}   -6.32{col 57}{space 3}0.000{col 65}{space 4}-1.195521{col 78}{space 3}-.6292542
{txt}{space 15}cfe_5_21 {c |}{col 25}{res}{space 2} .6243511{col 37}{space 2}  .164236{col 48}{space 1}    3.80{col 57}{space 3}0.000{col 65}{space 4} .3024545{col 78}{space 3} .9462476
{txt}{space 15}cfe_5_22 {c |}{col 25}{res}{space 2}  .782611{col 37}{space 2} .1253799{col 48}{space 1}    6.24{col 57}{space 3}0.000{col 65}{space 4} .5368709{col 78}{space 3} 1.028351
{txt}{space 15}cfe_5_23 {c |}{col 25}{res}{space 2}-.1258888{col 37}{space 2}  .171953{col 48}{space 1}   -0.73{col 57}{space 3}0.464{col 65}{space 4}-.4629105{col 78}{space 3} .2111329
{txt}{space 15}cfe_5_24 {c |}{col 25}{res}{space 2} 1.423396{col 37}{space 2} .0680681{col 48}{space 1}   20.91{col 57}{space 3}0.000{col 65}{space 4} 1.289985{col 78}{space 3} 1.556807
{txt}{space 15}cfe_5_25 {c |}{col 25}{res}{space 2}-20.65053{col 37}{space 2} 1.013392{col 48}{space 1}  -20.38{col 57}{space 3}0.000{col 65}{space 4}-22.63674{col 78}{space 3}-18.66432
{txt}{space 15}cfe_5_26 {c |}{col 25}{res}{space 2}-.2460146{col 37}{space 2} .1708514{col 48}{space 1}   -1.44{col 57}{space 3}0.150{col 65}{space 4}-.5808773{col 78}{space 3}  .088848
{txt}{space 15}cfe_5_27 {c |}{col 25}{res}{space 2} .5665634{col 37}{space 2} .1739862{col 48}{space 1}    3.26{col 57}{space 3}0.001{col 65}{space 4} .2255568{col 78}{space 3} .9075701
{txt}{space 15}cfe_5_28 {c |}{col 25}{res}{space 2} .3966269{col 37}{space 2} .1014986{col 48}{space 1}    3.91{col 57}{space 3}0.000{col 65}{space 4} .1976934{col 78}{space 3} .5955604
{txt}{space 15}cfe_5_29 {c |}{col 25}{res}{space 2} -.518885{col 37}{space 2} .1034945{col 48}{space 1}   -5.01{col 57}{space 3}0.000{col 65}{space 4}-.7217305{col 78}{space 3}-.3160394
{txt}{space 15}cfe_5_30 {c |}{col 25}{res}{space 2}-1.332606{col 37}{space 2} .1541022{col 48}{space 1}   -8.65{col 57}{space 3}0.000{col 65}{space 4}-1.634641{col 78}{space 3}-1.030571
{txt}{space 15}cfe_5_31 {c |}{col 25}{res}{space 2}-20.20804{col 37}{space 2} 1.018857{col 48}{space 1}  -19.83{col 57}{space 3}0.000{col 65}{space 4}-22.20496{col 78}{space 3}-18.21111
{txt}{space 15}cfe_5_32 {c |}{col 25}{res}{space 2} .6817524{col 37}{space 2} .1239895{col 48}{space 1}    5.50{col 57}{space 3}0.000{col 65}{space 4} .4387374{col 78}{space 3} .9247674
{txt}{space 15}cfe_5_33 {c |}{col 25}{res}{space 2} 1.287786{col 37}{space 2} .0455137{col 48}{space 1}   28.29{col 57}{space 3}0.000{col 65}{space 4} 1.198581{col 78}{space 3} 1.376991
{txt}{space 15}cfe_5_34 {c |}{col 25}{res}{space 2} .1436649{col 37}{space 2} .0529997{col 48}{space 1}    2.71{col 57}{space 3}0.007{col 65}{space 4} .0397874{col 78}{space 3} .2475424
{txt}{space 15}cfe_5_35 {c |}{col 25}{res}{space 2}-.4463852{col 37}{space 2} .1003247{col 48}{space 1}   -4.45{col 57}{space 3}0.000{col 65}{space 4}-.6430181{col 78}{space 3}-.2497523
{txt}{space 15}cfe_5_36 {c |}{col 25}{res}{space 2} 1.461072{col 37}{space 2}  .191636{col 48}{space 1}    7.62{col 57}{space 3}0.000{col 65}{space 4} 1.085472{col 78}{space 3} 1.836672
{txt}{space 15}cfe_5_37 {c |}{col 25}{res}{space 2} .6684344{col 37}{space 2} .0872846{col 48}{space 1}    7.66{col 57}{space 3}0.000{col 65}{space 4} .4973597{col 78}{space 3} .8395092
{txt}{space 15}cfe_5_38 {c |}{col 25}{res}{space 2}-.2805133{col 37}{space 2} .1365998{col 48}{space 1}   -2.05{col 57}{space 3}0.040{col 65}{space 4} -.548244{col 78}{space 3}-.0127826
{txt}{space 15}cfe_5_39 {c |}{col 25}{res}{space 2}-1.659029{col 37}{space 2} .1282944{col 48}{space 1}  -12.93{col 57}{space 3}0.000{col 65}{space 4}-1.910481{col 78}{space 3}-1.407576
{txt}{space 15}cfe_5_40 {c |}{col 25}{res}{space 2}-20.51466{col 37}{space 2} 1.010684{col 48}{space 1}  -20.30{col 57}{space 3}0.000{col 65}{space 4}-22.49557{col 78}{space 3}-18.53376
{txt}{space 15}cfe_5_41 {c |}{col 25}{res}{space 2}  .477386{col 37}{space 2} .1214803{col 48}{space 1}    3.93{col 57}{space 3}0.000{col 65}{space 4} .2392889{col 78}{space 3}  .715483
{txt}{space 15}cfe_5_42 {c |}{col 25}{res}{space 2} 1.053907{col 37}{space 2} .0993903{col 48}{space 1}   10.60{col 57}{space 3}0.000{col 65}{space 4} .8591059{col 78}{space 3} 1.248709
{txt}{space 15}cfe_5_43 {c |}{col 25}{res}{space 2}-20.29537{col 37}{space 2} 1.023554{col 48}{space 1}  -19.83{col 57}{space 3}0.000{col 65}{space 4} -22.3015{col 78}{space 3}-18.28924
{txt}{space 15}cfe_5_44 {c |}{col 25}{res}{space 2}  .690588{col 37}{space 2} .1051251{col 48}{space 1}    6.57{col 57}{space 3}0.000{col 65}{space 4} .4845466{col 78}{space 3} .8966294
{txt}{space 15}cfe_5_45 {c |}{col 25}{res}{space 2} -.981723{col 37}{space 2} .1309781{col 48}{space 1}   -7.50{col 57}{space 3}0.000{col 65}{space 4}-1.238435{col 78}{space 3}-.7250106
{txt}{space 15}cfe_5_46 {c |}{col 25}{res}{space 2}-1.051889{col 37}{space 2} .1167193{col 48}{space 1}   -9.01{col 57}{space 3}0.000{col 65}{space 4}-1.280654{col 78}{space 3}-.8231232
{txt}{space 15}cfe_5_47 {c |}{col 25}{res}{space 2} 1.224675{col 37}{space 2}  .051099{col 48}{space 1}   23.97{col 57}{space 3}0.000{col 65}{space 4} 1.124523{col 78}{space 3} 1.324827
{txt}{space 15}cfe_5_48 {c |}{col 25}{res}{space 2} 1.244753{col 37}{space 2} .1405822{col 48}{space 1}    8.85{col 57}{space 3}0.000{col 65}{space 4}  .969217{col 78}{space 3} 1.520289
{txt}{space 15}cfe_5_49 {c |}{col 25}{res}{space 2}-20.29784{col 37}{space 2} 1.022433{col 48}{space 1}  -19.85{col 57}{space 3}0.000{col 65}{space 4}-22.30177{col 78}{space 3}-18.29391
{txt}{space 15}cfe_5_50 {c |}{col 25}{res}{space 2}-20.31005{col 37}{space 2} 1.024832{col 48}{space 1}  -19.82{col 57}{space 3}0.000{col 65}{space 4}-22.31868{col 78}{space 3}-18.30142
{txt}{space 15}cfe_5_51 {c |}{col 25}{res}{space 2}-1.197999{col 37}{space 2} .1001614{col 48}{space 1}  -11.96{col 57}{space 3}0.000{col 65}{space 4}-1.394312{col 78}{space 3}-1.001686
{txt}{space 15}cfe_5_52 {c |}{col 25}{res}{space 2}-.2762725{col 37}{space 2} .1150022{col 48}{space 1}   -2.40{col 57}{space 3}0.016{col 65}{space 4}-.5016728{col 78}{space 3}-.0508723
{txt}{space 15}cfe_5_53 {c |}{col 25}{res}{space 2}-.3654703{col 37}{space 2} .1354681{col 48}{space 1}   -2.70{col 57}{space 3}0.007{col 65}{space 4} -.630983{col 78}{space 3}-.0999577
{txt}{space 15}cfe_5_54 {c |}{col 25}{res}{space 2}-1.175776{col 37}{space 2} .0585984{col 48}{space 1}  -20.06{col 57}{space 3}0.000{col 65}{space 4}-1.290627{col 78}{space 3}-1.060926
{txt}{space 15}cfe_5_55 {c |}{col 25}{res}{space 2}-1.603418{col 37}{space 2} .1319747{col 48}{space 1}  -12.15{col 57}{space 3}0.000{col 65}{space 4}-1.862084{col 78}{space 3}-1.344752
{txt}{space 15}cfe_5_56 {c |}{col 25}{res}{space 2}-1.404503{col 37}{space 2} .0695083{col 48}{space 1}  -20.21{col 57}{space 3}0.000{col 65}{space 4}-1.540736{col 78}{space 3}-1.268269
{txt}{space 15}cfe_5_57 {c |}{col 25}{res}{space 2}-.7830307{col 37}{space 2} .0912156{col 48}{space 1}   -8.58{col 57}{space 3}0.000{col 65}{space 4}-.9618101{col 78}{space 3}-.6042514
{txt}{space 15}cfe_5_58 {c |}{col 25}{res}{space 2}-2.193193{col 37}{space 2} .0724462{col 48}{space 1}  -30.27{col 57}{space 3}0.000{col 65}{space 4}-2.335185{col 78}{space 3}-2.051201
{txt}{space 15}cfe_5_59 {c |}{col 25}{res}{space 2} .9940697{col 37}{space 2} .0544308{col 48}{space 1}   18.26{col 57}{space 3}0.000{col 65}{space 4} .8873874{col 78}{space 3} 1.100752
{txt}{space 15}cfe_5_60 {c |}{col 25}{res}{space 2}-.4176473{col 37}{space 2} .0697884{col 48}{space 1}   -5.98{col 57}{space 3}0.000{col 65}{space 4}  -.55443{col 78}{space 3}-.2808646
{txt}{space 15}cfe_5_61 {c |}{col 25}{res}{space 2}-.7939849{col 37}{space 2} .1082772{col 48}{space 1}   -7.33{col 57}{space 3}0.000{col 65}{space 4}-1.006204{col 78}{space 3}-.5817656
{txt}{space 15}cfe_5_62 {c |}{col 25}{res}{space 2}  1.19807{col 37}{space 2} .0916923{col 48}{space 1}   13.07{col 57}{space 3}0.000{col 65}{space 4} 1.018357{col 78}{space 3} 1.377784
{txt}{space 15}cfe_5_63 {c |}{col 25}{res}{space 2}-.3476224{col 37}{space 2} .0774392{col 48}{space 1}   -4.49{col 57}{space 3}0.000{col 65}{space 4}-.4994004{col 78}{space 3}-.1958444
{txt}{space 15}cfe_5_64 {c |}{col 25}{res}{space 2} .1775718{col 37}{space 2} .0531057{col 48}{space 1}    3.34{col 57}{space 3}0.001{col 65}{space 4} .0734866{col 78}{space 3}  .281657
{txt}{space 15}cfe_5_65 {c |}{col 25}{res}{space 2} .0057755{col 37}{space 2} .0653367{col 48}{space 1}    0.09{col 57}{space 3}0.930{col 65}{space 4}-.1222821{col 78}{space 3}  .133833
{txt}{space 15}cfe_5_66 {c |}{col 25}{res}{space 2} .1299354{col 37}{space 2} .0858255{col 48}{space 1}    1.51{col 57}{space 3}0.130{col 65}{space 4}-.0382794{col 78}{space 3} .2981502
{txt}{space 15}cfe_5_67 {c |}{col 25}{res}{space 2} 1.321961{col 37}{space 2}   .10849{col 48}{space 1}   12.19{col 57}{space 3}0.000{col 65}{space 4} 1.109325{col 78}{space 3} 1.534598
{txt}{space 15}cfe_5_68 {c |}{col 25}{res}{space 2} 1.055638{col 37}{space 2} .1586936{col 48}{space 1}    6.65{col 57}{space 3}0.000{col 65}{space 4} .7446044{col 78}{space 3} 1.366672
{txt}{space 15}cfe_5_69 {c |}{col 25}{res}{space 2}-1.862393{col 37}{space 2}  .092385{col 48}{space 1}  -20.16{col 57}{space 3}0.000{col 65}{space 4}-2.043464{col 78}{space 3}-1.681321
{txt}{space 15}cfe_5_70 {c |}{col 25}{res}{space 2}-1.512468{col 37}{space 2}  .096398{col 48}{space 1}  -15.69{col 57}{space 3}0.000{col 65}{space 4}-1.701404{col 78}{space 3}-1.323531
{txt}{space 15}cfe_5_71 {c |}{col 25}{res}{space 2} .5685235{col 37}{space 2} .0952063{col 48}{space 1}    5.97{col 57}{space 3}0.000{col 65}{space 4} .3819226{col 78}{space 3} .7551245
{txt}{space 15}cfe_5_72 {c |}{col 25}{res}{space 2} .7678242{col 37}{space 2} .1109596{col 48}{space 1}    6.92{col 57}{space 3}0.000{col 65}{space 4} .5503473{col 78}{space 3} .9853011
{txt}{space 15}cfe_5_73 {c |}{col 25}{res}{space 2}-.3051689{col 37}{space 2} .0833636{col 48}{space 1}   -3.66{col 57}{space 3}0.000{col 65}{space 4}-.4685585{col 78}{space 3}-.1417793
{txt}{space 15}cfe_5_74 {c |}{col 25}{res}{space 2} .0978656{col 37}{space 2} .0788003{col 48}{space 1}    1.24{col 57}{space 3}0.214{col 65}{space 4}-.0565801{col 78}{space 3} .2523114
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{txt}{space 15}cfe_5_76 {c |}{col 25}{res}{space 2}-20.54186{col 37}{space 2} 1.022349{col 48}{space 1}  -20.09{col 57}{space 3}0.000{col 65}{space 4}-22.54562{col 78}{space 3}-18.53809
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{txt}{space 15}cfe_5_83 {c |}{col 25}{res}{space 2} .4769171{col 37}{space 2} .0820607{col 48}{space 1}    5.81{col 57}{space 3}0.000{col 65}{space 4} .3160812{col 78}{space 3} .6377531
{txt}{space 15}cfe_5_84 {c |}{col 25}{res}{space 2}-.7911799{col 37}{space 2} .1101103{col 48}{space 1}   -7.19{col 57}{space 3}0.000{col 65}{space 4}-1.006992{col 78}{space 3}-.5753677
{txt}{space 15}cfe_5_85 {c |}{col 25}{res}{space 2}-.0763609{col 37}{space 2} .1305278{col 48}{space 1}   -0.59{col 57}{space 3}0.559{col 65}{space 4}-.3321907{col 78}{space 3} .1794689
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{txt}{space 15}cfe_5_87 {c |}{col 25}{res}{space 2}-.8739212{col 37}{space 2} .1460729{col 48}{space 1}   -5.98{col 57}{space 3}0.000{col 65}{space 4}-1.160219{col 78}{space 3}-.5876236
{txt}{space 15}cfe_5_88 {c |}{col 25}{res}{space 2} .7829152{col 37}{space 2} .0902628{col 48}{space 1}    8.67{col 57}{space 3}0.000{col 65}{space 4} .6060034{col 78}{space 3} .9598269
{txt}{space 15}cfe_5_89 {c |}{col 25}{res}{space 2}-20.71082{col 37}{space 2} 1.008004{col 48}{space 1}  -20.55{col 57}{space 3}0.000{col 65}{space 4}-22.68647{col 78}{space 3}-18.73517
{txt}{space 15}cfe_5_90 {c |}{col 25}{res}{space 2}-1.381859{col 37}{space 2} .0847517{col 48}{space 1}  -16.30{col 57}{space 3}0.000{col 65}{space 4} -1.54797{col 78}{space 3}-1.215749
{txt}{space 15}cfe_5_91 {c |}{col 25}{res}{space 2}-.4383827{col 37}{space 2} .1110736{col 48}{space 1}   -3.95{col 57}{space 3}0.000{col 65}{space 4} -.656083{col 78}{space 3}-.2206825
{txt}{space 15}cfe_5_92 {c |}{col 25}{res}{space 2}-1.834237{col 37}{space 2} .0954008{col 48}{space 1}  -19.23{col 57}{space 3}0.000{col 65}{space 4}-2.021219{col 78}{space 3}-1.647254
{txt}{space 15}cfe_5_93 {c |}{col 25}{res}{space 2}-2.269671{col 37}{space 2} .1260434{col 48}{space 1}  -18.01{col 57}{space 3}0.000{col 65}{space 4}-2.516712{col 78}{space 3}-2.022631
{txt}{space 15}cfe_5_94 {c |}{col 25}{res}{space 2}-.1189815{col 37}{space 2} .1460957{col 48}{space 1}   -0.81{col 57}{space 3}0.415{col 65}{space 4}-.4053239{col 78}{space 3} .1673608
{txt}{space 15}cfe_5_95 {c |}{col 25}{res}{space 2}   1.2367{col 37}{space 2} .0686762{col 48}{space 1}   18.01{col 57}{space 3}0.000{col 65}{space 4} 1.102097{col 78}{space 3} 1.371303
{txt}{space 15}cfe_5_96 {c |}{col 25}{res}{space 2} .1380878{col 37}{space 2} .0595275{col 48}{space 1}    2.32{col 57}{space 3}0.020{col 65}{space 4} .0214161{col 78}{space 3} .2547595
{txt}{space 15}cfe_5_97 {c |}{col 25}{res}{space 2}-.1747867{col 37}{space 2} .0475662{col 48}{space 1}   -3.67{col 57}{space 3}0.000{col 65}{space 4}-.2680148{col 78}{space 3}-.0815586
{txt}{space 15}cfe_5_98 {c |}{col 25}{res}{space 2}-.0538393{col 37}{space 2} .0717409{col 48}{space 1}   -0.75{col 57}{space 3}0.453{col 65}{space 4}-.1944489{col 78}{space 3} .0867703
{txt}{space 15}cfe_5_99 {c |}{col 25}{res}{space 2}-.0351489{col 37}{space 2} .0833449{col 48}{space 1}   -0.42{col 57}{space 3}0.673{col 65}{space 4}-.1985019{col 78}{space 3}  .128204
{txt}{space 14}cfe_5_100 {c |}{col 25}{res}{space 2}-.0085105{col 37}{space 2} .1391356{col 48}{space 1}   -0.06{col 57}{space 3}0.951{col 65}{space 4}-.2812112{col 78}{space 3} .2641903
{txt}{space 14}cfe_5_101 {c |}{col 25}{res}{space 2}-.0992234{col 37}{space 2}  .056615{col 48}{space 1}   -1.75{col 57}{space 3}0.080{col 65}{space 4}-.2101869{col 78}{space 3}   .01174
{txt}{space 14}cfe_5_102 {c |}{col 25}{res}{space 2} 1.429765{col 37}{space 2} .0379829{col 48}{space 1}   37.64{col 57}{space 3}0.000{col 65}{space 4}  1.35532{col 78}{space 3}  1.50421
{txt}{space 14}cfe_5_103 {c |}{col 25}{res}{space 2} .3267721{col 37}{space 2} .0894969{col 48}{space 1}    3.65{col 57}{space 3}0.000{col 65}{space 4} .1513613{col 78}{space 3} .5021828
{txt}{space 14}cfe_5_104 {c |}{col 25}{res}{space 2} .8440743{col 37}{space 2} .0464491{col 48}{space 1}   18.17{col 57}{space 3}0.000{col 65}{space 4} .7530359{col 78}{space 3} .9351128
{txt}{space 14}cfe_5_105 {c |}{col 25}{res}{space 2}-1.229907{col 37}{space 2} .0523591{col 48}{space 1}  -23.49{col 57}{space 3}0.000{col 65}{space 4}-1.332529{col 78}{space 3}-1.127285
{txt}{space 14}cfe_5_106 {c |}{col 25}{res}{space 2}-.4001967{col 37}{space 2} .0456645{col 48}{space 1}   -8.76{col 57}{space 3}0.000{col 65}{space 4}-.4896975{col 78}{space 3} -.310696
{txt}{space 14}cfe_5_107 {c |}{col 25}{res}{space 2} .7124863{col 37}{space 2} .0785504{col 48}{space 1}    9.07{col 57}{space 3}0.000{col 65}{space 4} .5585304{col 78}{space 3} .8664422
{txt}{space 14}cfe_5_108 {c |}{col 25}{res}{space 2} 1.912233{col 37}{space 2} .0806407{col 48}{space 1}   23.71{col 57}{space 3}0.000{col 65}{space 4}  1.75418{col 78}{space 3} 2.070286
{txt}{space 14}cfe_5_109 {c |}{col 25}{res}{space 2} -.689989{col 37}{space 2} .1044443{col 48}{space 1}   -6.61{col 57}{space 3}0.000{col 65}{space 4}-.8946961{col 78}{space 3}-.4852819
{txt}{space 14}cfe_5_110 {c |}{col 25}{res}{space 2}-.7639129{col 37}{space 2} .1108005{col 48}{space 1}   -6.89{col 57}{space 3}0.000{col 65}{space 4} -.981078{col 78}{space 3}-.5467479
{txt}{space 14}cfe_5_111 {c |}{col 25}{res}{space 2}-1.696014{col 37}{space 2} .2086753{col 48}{space 1}   -8.13{col 57}{space 3}0.000{col 65}{space 4} -2.10501{col 78}{space 3}-1.287018
{txt}{space 14}cfe_5_112 {c |}{col 25}{res}{space 2} .3093896{col 37}{space 2} .1151745{col 48}{space 1}    2.69{col 57}{space 3}0.007{col 65}{space 4} .0836518{col 78}{space 3} .5351275
{txt}{space 14}cfe_5_113 {c |}{col 25}{res}{space 2} 1.467066{col 37}{space 2}  .098913{col 48}{space 1}   14.83{col 57}{space 3}0.000{col 65}{space 4}   1.2732{col 78}{space 3} 1.660931
{txt}{space 14}cfe_5_114 {c |}{col 25}{res}{space 2} 1.955319{col 37}{space 2} .2343637{col 48}{space 1}    8.34{col 57}{space 3}0.000{col 65}{space 4} 1.495974{col 78}{space 3} 2.414663
{txt}{space 14}cfe_5_115 {c |}{col 25}{res}{space 2} 1.705192{col 37}{space 2} .2384963{col 48}{space 1}    7.15{col 57}{space 3}0.000{col 65}{space 4} 1.237748{col 78}{space 3} 2.172636
{txt}{space 14}cfe_5_116 {c |}{col 25}{res}{space 2}-.3872417{col 37}{space 2} .1656041{col 48}{space 1}   -2.34{col 57}{space 3}0.019{col 65}{space 4}-.7118197{col 78}{space 3}-.0626636
{txt}{space 14}cfe_5_117 {c |}{col 25}{res}{space 2}-.4369777{col 37}{space 2} .0669126{col 48}{space 1}   -6.53{col 57}{space 3}0.000{col 65}{space 4} -.568124{col 78}{space 3}-.3058313
{txt}{space 14}cfe_5_118 {c |}{col 25}{res}{space 2}-1.329717{col 37}{space 2} .1407994{col 48}{space 1}   -9.44{col 57}{space 3}0.000{col 65}{space 4}-1.605678{col 78}{space 3}-1.053755
{txt}{space 14}cfe_5_119 {c |}{col 25}{res}{space 2} -1.16114{col 37}{space 2} .1149057{col 48}{space 1}  -10.11{col 57}{space 3}0.000{col 65}{space 4}-1.386351{col 78}{space 3}-.9359291
{txt}{space 14}cfe_5_120 {c |}{col 25}{res}{space 2}-.1076726{col 37}{space 2}  .128149{col 48}{space 1}   -0.84{col 57}{space 3}0.401{col 65}{space 4}-.3588399{col 78}{space 3} .1434948
{txt}{space 14}cfe_5_121 {c |}{col 25}{res}{space 2} .8302366{col 37}{space 2} .0957084{col 48}{space 1}    8.67{col 57}{space 3}0.000{col 65}{space 4} .6426516{col 78}{space 3} 1.017822
{txt}{space 14}cfe_5_122 {c |}{col 25}{res}{space 2} 1.613505{col 37}{space 2} .1165919{col 48}{space 1}   13.84{col 57}{space 3}0.000{col 65}{space 4} 1.384989{col 78}{space 3} 1.842021
{txt}{space 14}cfe_5_123 {c |}{col 25}{res}{space 2} .8723078{col 37}{space 2} .1170503{col 48}{space 1}    7.45{col 57}{space 3}0.000{col 65}{space 4} .6428935{col 78}{space 3} 1.101722
{txt}{space 14}cfe_5_124 {c |}{col 25}{res}{space 2}-1.689658{col 37}{space 2} .2950824{col 48}{space 1}   -5.73{col 57}{space 3}0.000{col 65}{space 4}-2.268009{col 78}{space 3}-1.111307
{txt}{space 14}cfe_5_125 {c |}{col 25}{res}{space 2} 1.338452{col 37}{space 2} .0656972{col 48}{space 1}   20.37{col 57}{space 3}0.000{col 65}{space 4} 1.209688{col 78}{space 3} 1.467217
{txt}{space 14}cfe_5_126 {c |}{col 25}{res}{space 2} -2.48074{col 37}{space 2} .0733003{col 48}{space 1}  -33.84{col 57}{space 3}0.000{col 65}{space 4}-2.624406{col 78}{space 3}-2.337074
{txt}{space 14}cfe_5_127 {c |}{col 25}{res}{space 2} 1.570077{col 37}{space 2} .0267671{col 48}{space 1}   58.66{col 57}{space 3}0.000{col 65}{space 4} 1.517614{col 78}{space 3}  1.62254
{txt}{space 14}cfe_5_128 {c |}{col 25}{res}{space 2} .1233598{col 37}{space 2} .2077721{col 48}{space 1}    0.59{col 57}{space 3}0.553{col 65}{space 4}-.2838659{col 78}{space 3} .5305856
{txt}{space 14}cfe_5_129 {c |}{col 25}{res}{space 2}  1.42101{col 37}{space 2} .1337695{col 48}{space 1}   10.62{col 57}{space 3}0.000{col 65}{space 4} 1.158827{col 78}{space 3} 1.683194
{txt}{space 14}cfe_5_130 {c |}{col 25}{res}{space 2}-20.10161{col 37}{space 2} 1.031818{col 48}{space 1}  -19.48{col 57}{space 3}0.000{col 65}{space 4}-22.12394{col 78}{space 3}-18.07929
{txt}{space 14}cfe_5_131 {c |}{col 25}{res}{space 2} .7551506{col 37}{space 2} .0457822{col 48}{space 1}   16.49{col 57}{space 3}0.000{col 65}{space 4}  .665419{col 78}{space 3} .8448821
{txt}{space 14}cfe_5_132 {c |}{col 25}{res}{space 2}-.3763232{col 37}{space 2} .1009548{col 48}{space 1}   -3.73{col 57}{space 3}0.000{col 65}{space 4}-.5741909{col 78}{space 3}-.1784555
{txt}{space 14}cfe_5_133 {c |}{col 25}{res}{space 2}-1.183476{col 37}{space 2} .1016741{col 48}{space 1}  -11.64{col 57}{space 3}0.000{col 65}{space 4}-1.382753{col 78}{space 3}-.9841981
{txt}{space 14}cfe_5_134 {c |}{col 25}{res}{space 2} 1.033583{col 37}{space 2} .0712096{col 48}{space 1}   14.51{col 57}{space 3}0.000{col 65}{space 4} .8940151{col 78}{space 3} 1.173152
{txt}{space 14}cfe_5_135 {c |}{col 25}{res}{space 2}-1.206456{col 37}{space 2} .1439432{col 48}{space 1}   -8.38{col 57}{space 3}0.000{col 65}{space 4} -1.48858{col 78}{space 3}-.9243327
{txt}{space 14}cfe_5_136 {c |}{col 25}{res}{space 2} -1.58676{col 37}{space 2}  .093592{col 48}{space 1}  -16.95{col 57}{space 3}0.000{col 65}{space 4}-1.770197{col 78}{space 3}-1.403323
{txt}{space 14}cfe_5_137 {c |}{col 25}{res}{space 2} .8915925{col 37}{space 2} .0747855{col 48}{space 1}   11.92{col 57}{space 3}0.000{col 65}{space 4} .7450155{col 78}{space 3} 1.038169
{txt}{space 14}cfe_5_138 {c |}{col 25}{res}{space 2}-.6312362{col 37}{space 2} .0428802{col 48}{space 1}  -14.72{col 57}{space 3}0.000{col 65}{space 4}-.7152799{col 78}{space 3}-.5471925
{txt}{space 14}cfe_5_139 {c |}{col 25}{res}{space 2}-3.082954{col 37}{space 2} .0743705{col 48}{space 1}  -41.45{col 57}{space 3}0.000{col 65}{space 4}-3.228717{col 78}{space 3} -2.93719
{txt}{space 14}cfe_5_140 {c |}{col 25}{res}{space 2}-.4818696{col 37}{space 2} .0970473{col 48}{space 1}   -4.97{col 57}{space 3}0.000{col 65}{space 4}-.6720788{col 78}{space 3}-.2916604
{txt}{space 14}cfe_5_141 {c |}{col 25}{res}{space 2}-.0507125{col 37}{space 2} .0860648{col 48}{space 1}   -0.59{col 57}{space 3}0.556{col 65}{space 4}-.2193964{col 78}{space 3} .1179713
{txt}{space 14}cfe_5_142 {c |}{col 25}{res}{space 2} .2417918{col 37}{space 2} .0772208{col 48}{space 1}    3.13{col 57}{space 3}0.002{col 65}{space 4} .0904418{col 78}{space 3} .3931418
{txt}{space 14}cfe_5_143 {c |}{col 25}{res}{space 2} .9430438{col 37}{space 2} .2782941{col 48}{space 1}    3.39{col 57}{space 3}0.001{col 65}{space 4} .3975974{col 78}{space 3}  1.48849
{txt}{space 14}cfe_5_144 {c |}{col 25}{res}{space 2} .8952992{col 37}{space 2} .0968816{col 48}{space 1}    9.24{col 57}{space 3}0.000{col 65}{space 4} .7054148{col 78}{space 3} 1.085184
{txt}{space 14}cfe_5_145 {c |}{col 25}{res}{space 2} .7157732{col 37}{space 2} .1212746{col 48}{space 1}    5.90{col 57}{space 3}0.000{col 65}{space 4} .4780792{col 78}{space 3} .9534671
{txt}{space 14}cfe_5_146 {c |}{col 25}{res}{space 2}-1.142832{col 37}{space 2} .0925915{col 48}{space 1}  -12.34{col 57}{space 3}0.000{col 65}{space 4}-1.324308{col 78}{space 3}-.9613565
{txt}{space 14}cfe_5_147 {c |}{col 25}{res}{space 2}-20.68665{col 37}{space 2} 1.011907{col 48}{space 1}  -20.44{col 57}{space 3}0.000{col 65}{space 4}-22.66995{col 78}{space 3}-18.70334
{txt}{space 14}cfe_5_148 {c |}{col 25}{res}{space 2}-.3810975{col 37}{space 2} .2015707{col 48}{space 1}   -1.89{col 57}{space 3}0.059{col 65}{space 4}-.7761689{col 78}{space 3} .0139738
{txt}{space 18}_cons {c |}{col 25}{res}{space 2}-2.758179{col 37}{space 2} .5148442{col 48}{space 1}   -5.36{col 57}{space 3}0.000{col 65}{space 4}-3.767255{col 78}{space 3}-1.749103
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 15}/lnalpha {c |}{col 25}{res}{space 2} .0351156{col 37}{space 2} .1022588{col 65}{space 4} -.165308{col 78}{space 3} .2355392
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                  alpha {c |}{col 25}{res}{space 2} 1.035739{col 37}{space 2} .1059135{col 65}{space 4} .8476326{col 78}{space 3} 1.265591
{txt}{hline 24}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Dropping fixed effects variables
.         drop cfe_5_1-cfe_5_148          
{txt}
{com}.                 
.         
.         ****************************************************************************
.         *Table A.3.8. Linear regressions with autocratic spell fixed effects
.         ****************************************************************************                                    
.                 
.         *Preserving data
.         preserve
{txt}
{com}.                         
.         *Keeping identified autocratic spells
.         keep if id_autoc_spell!=.
{txt}(205 observations deleted)

{com}.         
.         *Declaring dataset as TSCS
.         xtset id_autoc_spell year, yearly
{res}{txt}{col 8}panel variable:  {res}id_autoc_spell (unbalanced)
{txt}{col 9}time variable:  {res}{col 25}year, 1945 to 2022
{txt}{col 17}delta:  {res}1 year
{txt}
{com}.         
.         *Model 1 
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(id_autoc_spell)                 
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}id_autoc_s~l{txt}{col 49}Number of groups{col 67}={col 69}{res}       205

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0062{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0641{col 63}{txt}avg{col 67}={col 69}{res}      31.2
{txt}     overall = {res}0.0160{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}2{txt},{res}204{txt}){col 67}={col 70}{res}     6.53
{txt}corr(u_i, Xb){col 16}= {res}-0.0132{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0018

{txt}{ralign 78:(Std. Err. adjusted for {res:205} clusters in id_autoc_spell)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2}  .043844{col 26}{space 2}  .013935{col 37}{space 1}    3.15{col 46}{space 3}0.002{col 54}{space 4} .0163688{col 67}{space 3} .0713192
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2} .1103723{col 26}{space 2}  .064789{col 37}{space 1}    1.70{col 46}{space 3}0.090{col 54}{space 4}-.0173696{col 67}{space 3} .2381143
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.0935362{col 26}{space 2} .0891751{col 37}{space 1}   -1.05{col 46}{space 3}0.295{col 54}{space 4}-.2693592{col 67}{space 3} .0822867
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .24635018
     {txt}sigma_e {c |} {res} .39086215
         {txt}rho {c |} {res} .28430595{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(id_autoc_spell)                 
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}id_autoc_s~l{txt}{col 49}Number of groups{col 67}={col 69}{res}       244

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0032{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0383{col 63}{txt}avg{col 67}={col 69}{res}      33.7
{txt}     overall = {res}0.0078{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}1{txt},{res}243{txt}){col 67}={col 70}{res}     5.15
{txt}corr(u_i, Xb){col 16}= {res}0.0760{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0241

{txt}{ralign 78:(Std. Err. adjusted for {res:244} clusters in id_autoc_spell)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2} .2117235{col 26}{space 2} .0932736{col 37}{space 1}    2.27{col 46}{space 3}0.024{col 54}{space 4} .0279957{col 67}{space 3} .3954514
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}  .188022{col 26}{space 2} .0009756{col 37}{space 1}  192.72{col 46}{space 3}0.000{col 54}{space 4} .1861003{col 67}{space 3} .1899438
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .29618592
     {txt}sigma_e {c |} {res} .36272702
         {txt}rho {c |} {res}  .4000333{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.                 
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start                
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(id_autoc_spell)                 
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}id_autoc_s~l{txt}{col 49}Number of groups{col 67}={col 69}{res}       233

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0073{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.1126{col 63}{txt}avg{col 67}={col 69}{res}      34.0
{txt}     overall = {res}0.0147{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}2{txt},{res}232{txt}){col 67}={col 70}{res}    14.99
{txt}corr(u_i, Xb){col 16}= {res}0.0580{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:233} clusters in id_autoc_spell)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0950975{col 28}{space 2} .0215979{col 39}{space 1}    4.40{col 48}{space 3}0.000{col 56}{space 4} .0525444{col 69}{space 3} .1376505
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0753249{col 28}{space 2}  .031087{col 39}{space 1}    2.42{col 48}{space 3}0.016{col 56}{space 4} .0140759{col 69}{space 3} .1365739
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1759739{col 28}{space 2} .0035474{col 39}{space 1}   49.61{col 48}{space 3}0.000{col 56}{space 4} .1689847{col 69}{space 3}  .182963
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .27496579
       {txt}sigma_e {c |} {res} .36430399
           {txt}rho {c |} {res} .36292668{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(id_autoc_spell)                 
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}id_autoc_s~l{txt}{col 49}Number of groups{col 67}={col 69}{res}       244

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0055{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0155{col 63}{txt}avg{col 67}={col 69}{res}      33.7
{txt}     overall = {res}0.0036{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}4{txt},{res}243{txt}){col 67}={col 70}{res}     5.65
{txt}corr(u_i, Xb){col 16}= {res}-0.0144{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0002

{txt}{ralign 78:(Std. Err. adjusted for {res:244} clusters in id_autoc_spell)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2} .0014492{col 26}{space 2} .0099086{col 37}{space 1}    0.15{col 46}{space 3}0.884{col 54}{space 4}-.0180686{col 67}{space 3} .0209669
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2}-.0015464{col 26}{space 2} .0191608{col 37}{space 1}   -0.08{col 46}{space 3}0.936{col 54}{space 4}-.0392889{col 67}{space 3} .0361961
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .1040492{col 26}{space 2}  .030964{col 37}{space 1}    3.36{col 46}{space 3}0.001{col 54}{space 4} .0430571{col 67}{space 3} .1650413
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2} .0979663{col 26}{space 2} .0283487{col 37}{space 1}    3.46{col 46}{space 3}0.001{col 54}{space 4} .0421257{col 67}{space 3} .1538069
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}  .182146{col 26}{space 2} .0025181{col 37}{space 1}   72.34{col 46}{space 3}0.000{col 54}{space 4} .1771859{col 67}{space 3}  .187106
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .30070146
     {txt}sigma_e {c |} {res} .36237445
         {txt}rho {c |} {res} .40778728{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(id_autoc_spell)                 
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}id_autoc_s~l{txt}{col 49}Number of groups{col 67}={col 69}{res}       205

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0150{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0785{col 63}{txt}avg{col 67}={col 69}{res}      31.2
{txt}     overall = {res}0.0237{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}204{txt}){col 67}={col 70}{res}     5.69
{txt}corr(u_i, Xb){col 16}= {res}0.0032{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:205} clusters in id_autoc_spell)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2023435{col 28}{space 2} .0794071{col 39}{space 1}    2.55{col 48}{space 3}0.012{col 56}{space 4} .0457798{col 69}{space 3} .3589073
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0337875{col 28}{space 2}  .014667{col 39}{space 1}    2.30{col 48}{space 3}0.022{col 56}{space 4} .0048692{col 69}{space 3} .0627059
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0828881{col 28}{space 2}  .065541{col 39}{space 1}    1.26{col 48}{space 3}0.207{col 56}{space 4}-.0463366{col 69}{space 3} .2121128
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0421201{col 28}{space 2}  .023018{col 39}{space 1}    1.83{col 48}{space 3}0.069{col 56}{space 4}-.0032635{col 69}{space 3} .0875038
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0725851{col 28}{space 2}  .031548{col 39}{space 1}    2.30{col 48}{space 3}0.022{col 56}{space 4} .0103832{col 69}{space 3} .1347871
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0043847{col 28}{space 2} .0124764{col 39}{space 1}    0.35{col 48}{space 3}0.726{col 56}{space 4}-.0202145{col 69}{space 3}  .028984
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0168568{col 28}{space 2} .0314346{col 39}{space 1}    0.54{col 48}{space 3}0.592{col 56}{space 4}-.0451216{col 69}{space 3} .0788353
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0943588{col 28}{space 2} .0324184{col 39}{space 1}    2.91{col 48}{space 3}0.004{col 56}{space 4} .0304407{col 69}{space 3} .1582769
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0681884{col 28}{space 2} .0288882{col 39}{space 1}    2.36{col 48}{space 3}0.019{col 56}{space 4} .0112306{col 69}{space 3} .1251461
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} -.041277{col 28}{space 2} .0912793{col 39}{space 1}   -0.45{col 48}{space 3}0.652{col 56}{space 4}-.2212488{col 69}{space 3} .1386948
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .24493635
       {txt}sigma_e {c |} {res} .38934594
           {txt}rho {c |} {res} .28354599{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Restoring data
.         restore                         
{txt}
{com}.                 
.         
.         ****************************************************************************
.         *Table A.3.9. Linear regressions with decade and country fixed effects
.         ****************************************************************************                                    
.                                 
.         *Generating decade fixed effects
.         gen decade=.
{txt}(8,427 missing values generated)

{com}.         replace decade=1 if year>=1945 & year<1950
{txt}(652 real changes made)

{com}.         replace decade=2 if year>=1950 & year<1960
{txt}(1,260 real changes made)

{com}.         replace decade=3 if year>=1960 & year<1970
{txt}(1,226 real changes made)

{com}.         replace decade=4 if year>=1970 & year<1980
{txt}(1,191 real changes made)

{com}.         replace decade=5 if year>=1980 & year<1990
{txt}(1,125 real changes made)

{com}.         replace decade=6 if year>=1990 & year<2000
{txt}(1,007 real changes made)

{com}.         replace decade=7 if year>=2000 & year<2010
{txt}(893 real changes made)

{com}.         replace decade=8 if year>=2010 & year<=2022
{txt}(1,073 real changes made)

{com}.         
.         tab decade, gen(dec)

     {txt}decade {c |}      Freq.     Percent        Cum.
{hline 12}{c +}{hline 35}
          1 {c |}{res}        652        7.74        7.74
{txt}          2 {c |}{res}      1,260       14.95       22.69
{txt}          3 {c |}{res}      1,226       14.55       37.24
{txt}          4 {c |}{res}      1,191       14.13       51.37
{txt}          5 {c |}{res}      1,125       13.35       64.72
{txt}          6 {c |}{res}      1,007       11.95       76.67
{txt}          7 {c |}{res}        893       10.60       87.27
{txt}          8 {c |}{res}      1,073       12.73      100.00
{txt}{hline 12}{c +}{hline 35}
      Total {c |}{res}      8,427      100.00
{txt}
{com}.                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 dec2-dec8               
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0297{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0033{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0104{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}9{txt},{res}147{txt}){col 67}={col 70}{res}     7.42
{txt}corr(u_i, Xb){col 16}= {res}-0.2045{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2}   .04378{col 26}{space 2} .0127125{col 37}{space 1}    3.44{col 46}{space 3}0.001{col 54}{space 4} .0186572{col 67}{space 3} .0689029
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2}-.1854623{col 26}{space 2} .0851576{col 37}{space 1}   -2.18{col 46}{space 3}0.031{col 54}{space 4}-.3537536{col 67}{space 3}-.0171711
{txt}{space 8}dec2 {c |}{col 14}{res}{space 2} .0492492{col 26}{space 2} .0338184{col 37}{space 1}    1.46{col 46}{space 3}0.147{col 54}{space 4}-.0175837{col 67}{space 3} .1160822
{txt}{space 8}dec3 {c |}{col 14}{res}{space 2} .0512778{col 26}{space 2} .0327645{col 37}{space 1}    1.57{col 46}{space 3}0.120{col 54}{space 4}-.0134724{col 67}{space 3}  .116028
{txt}{space 8}dec4 {c |}{col 14}{res}{space 2} .0626559{col 26}{space 2} .0382302{col 37}{space 1}    1.64{col 46}{space 3}0.103{col 54}{space 4}-.0128958{col 67}{space 3} .1382076
{txt}{space 8}dec5 {c |}{col 14}{res}{space 2} .1160587{col 26}{space 2} .0411961{col 37}{space 1}    2.82{col 46}{space 3}0.006{col 54}{space 4} .0346456{col 67}{space 3} .1974718
{txt}{space 8}dec6 {c |}{col 14}{res}{space 2} .2195497{col 26}{space 2} .0447982{col 37}{space 1}    4.90{col 46}{space 3}0.000{col 54}{space 4} .1310181{col 67}{space 3} .3080814
{txt}{space 8}dec7 {c |}{col 14}{res}{space 2} .2148416{col 26}{space 2}  .048419{col 37}{space 1}    4.44{col 46}{space 3}0.000{col 54}{space 4} .1191544{col 67}{space 3} .3105288
{txt}{space 8}dec8 {c |}{col 14}{res}{space 2} .2347347{col 26}{space 2} .0530787{col 37}{space 1}    4.42{col 46}{space 3}0.000{col 54}{space 4} .1298387{col 67}{space 3} .3396306
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.0471559{col 26}{space 2} .0891102{col 37}{space 1}   -0.53{col 46}{space 3}0.597{col 54}{space 4}-.2232584{col 67}{space 3} .1289467
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .20266016
     {txt}sigma_e {c |} {res} .39054234
         {txt}rho {c |} {res} .21215039{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}. 
.         *Model 2 
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 dec2-dec8
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0404{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0033{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0359{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}8{txt},{res}164{txt}){col 67}={col 70}{res}    10.47
{txt}corr(u_i, Xb){col 16}= {res}-0.0249{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2} .1956839{col 26}{space 2} .0884843{col 37}{space 1}    2.21{col 46}{space 3}0.028{col 54}{space 4} .0209686{col 67}{space 3} .3703992
{txt}{space 8}dec2 {c |}{col 14}{res}{space 2} .0346744{col 26}{space 2} .0147036{col 37}{space 1}    2.36{col 46}{space 3}0.020{col 54}{space 4} .0056416{col 67}{space 3} .0637072
{txt}{space 8}dec3 {c |}{col 14}{res}{space 2} .0706926{col 26}{space 2} .0179254{col 37}{space 1}    3.94{col 46}{space 3}0.000{col 54}{space 4} .0352982{col 67}{space 3}  .106087
{txt}{space 8}dec4 {c |}{col 14}{res}{space 2} .0764575{col 26}{space 2} .0201092{col 37}{space 1}    3.80{col 46}{space 3}0.000{col 54}{space 4} .0367511{col 67}{space 3} .1161638
{txt}{space 8}dec5 {c |}{col 14}{res}{space 2} .1300203{col 26}{space 2} .0249301{col 37}{space 1}    5.22{col 46}{space 3}0.000{col 54}{space 4}  .080795{col 67}{space 3} .1792457
{txt}{space 8}dec6 {c |}{col 14}{res}{space 2} .2207352{col 26}{space 2} .0265534{col 37}{space 1}    8.31{col 46}{space 3}0.000{col 54}{space 4} .1683046{col 67}{space 3} .2731658
{txt}{space 8}dec7 {c |}{col 14}{res}{space 2}  .203522{col 26}{space 2}   .02909{col 37}{space 1}    7.00{col 46}{space 3}0.000{col 54}{space 4} .1460829{col 67}{space 3} .2609611
{txt}{space 8}dec8 {c |}{col 14}{res}{space 2} .2239347{col 26}{space 2} .0356257{col 37}{space 1}    6.29{col 46}{space 3}0.000{col 54}{space 4} .1535905{col 67}{space 3} .2942788
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .0696793{col 26}{space 2} .0163896{col 37}{space 1}    4.25{col 46}{space 3}0.000{col 54}{space 4} .0373174{col 67}{space 3} .1020411
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .23245222
     {txt}sigma_e {c |} {res} .36097288
         {txt}rho {c |} {res} .29312883{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc
>                 dec2-dec8               
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0375{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0464{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0346{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}9{txt},{res}154{txt}){col 67}={col 70}{res}    11.21
{txt}corr(u_i, Xb){col 16}= {res}-0.0182{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0458937{col 28}{space 2} .0226392{col 39}{space 1}    2.03{col 48}{space 3}0.044{col 56}{space 4} .0011702{col 69}{space 3} .0906172
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0789977{col 28}{space 2}  .029738{col 39}{space 1}    2.66{col 48}{space 3}0.009{col 56}{space 4} .0202506{col 69}{space 3} .1377448
{txt}{space 10}dec2 {c |}{col 16}{res}{space 2}  .025314{col 28}{space 2} .0153222{col 39}{space 1}    1.65{col 48}{space 3}0.101{col 56}{space 4}-.0049548{col 69}{space 3} .0555828
{txt}{space 10}dec3 {c |}{col 16}{res}{space 2} .0574158{col 28}{space 2}  .018505{col 39}{space 1}    3.10{col 48}{space 3}0.002{col 56}{space 4} .0208595{col 69}{space 3} .0939721
{txt}{space 10}dec4 {c |}{col 16}{res}{space 2} .0613498{col 28}{space 2} .0216719{col 39}{space 1}    2.83{col 48}{space 3}0.005{col 56}{space 4} .0185372{col 69}{space 3} .1041625
{txt}{space 10}dec5 {c |}{col 16}{res}{space 2} .1112885{col 28}{space 2} .0268327{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .0582807{col 69}{space 3} .1642962
{txt}{space 10}dec6 {c |}{col 16}{res}{space 2} .2017735{col 28}{space 2}  .028691{col 39}{space 1}    7.03{col 48}{space 3}0.000{col 56}{space 4} .1450948{col 69}{space 3} .2584523
{txt}{space 10}dec7 {c |}{col 16}{res}{space 2} .1855492{col 28}{space 2} .0300859{col 39}{space 1}    6.17{col 48}{space 3}0.000{col 56}{space 4} .1261149{col 69}{space 3} .2449835
{txt}{space 10}dec8 {c |}{col 16}{res}{space 2} .2047446{col 28}{space 2} .0375035{col 39}{space 1}    5.46{col 48}{space 3}0.000{col 56}{space 4} .1306569{col 69}{space 3} .2788323
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .0766749{col 28}{space 2} .0184606{col 39}{space 1}    4.15{col 48}{space 3}0.000{col 56}{space 4} .0402062{col 69}{space 3} .1131436
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18287372
       {txt}sigma_e {c |} {res} .36399128
           {txt}rho {c |} {res} .20154466{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 dec2-dec8               
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0387{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0008{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0310{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}11{txt},{res}164{txt}){col 67}={col 70}{res}     8.60
{txt}corr(u_i, Xb){col 16}= {res}-0.0475{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2} .0134062{col 26}{space 2} .0100228{col 37}{space 1}    1.34{col 46}{space 3}0.183{col 54}{space 4}-.0063842{col 67}{space 3} .0331965
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2} .0382521{col 26}{space 2} .0179897{col 37}{space 1}    2.13{col 46}{space 3}0.035{col 54}{space 4} .0027309{col 67}{space 3} .0737734
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .0205351{col 26}{space 2} .0288138{col 37}{space 1}    0.71{col 46}{space 3}0.477{col 54}{space 4}-.0363588{col 67}{space 3}  .077429
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2}  .031387{col 26}{space 2} .0338708{col 37}{space 1}    0.93{col 46}{space 3}0.355{col 54}{space 4} -.035492{col 67}{space 3} .0982661
{txt}{space 8}dec2 {c |}{col 14}{res}{space 2} .0331315{col 26}{space 2} .0149407{col 37}{space 1}    2.22{col 46}{space 3}0.028{col 54}{space 4} .0036306{col 67}{space 3} .0626324
{txt}{space 8}dec3 {c |}{col 14}{res}{space 2} .0587425{col 26}{space 2} .0178014{col 37}{space 1}    3.30{col 46}{space 3}0.001{col 54}{space 4} .0235931{col 67}{space 3} .0938919
{txt}{space 8}dec4 {c |}{col 14}{res}{space 2}  .078276{col 26}{space 2} .0201081{col 37}{space 1}    3.89{col 46}{space 3}0.000{col 54}{space 4} .0385718{col 67}{space 3} .1179801
{txt}{space 8}dec5 {c |}{col 14}{res}{space 2} .1291607{col 26}{space 2} .0253801{col 37}{space 1}    5.09{col 46}{space 3}0.000{col 54}{space 4} .0790468{col 67}{space 3} .1792746
{txt}{space 8}dec6 {c |}{col 14}{res}{space 2} .2186159{col 26}{space 2} .0269384{col 37}{space 1}    8.12{col 46}{space 3}0.000{col 54}{space 4}  .165425{col 67}{space 3} .2718068
{txt}{space 8}dec7 {c |}{col 14}{res}{space 2} .1933992{col 26}{space 2} .0329153{col 37}{space 1}    5.88{col 46}{space 3}0.000{col 54}{space 4} .1284068{col 67}{space 3} .2583917
{txt}{space 8}dec8 {c |}{col 14}{res}{space 2} .2283964{col 26}{space 2} .0364805{col 37}{space 1}    6.26{col 46}{space 3}0.000{col 54}{space 4} .1563643{col 67}{space 3} .3004284
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .0674636{col 26}{space 2} .0167285{col 37}{space 1}    4.03{col 46}{space 3}0.000{col 54}{space 4} .0344326{col 67}{space 3} .1004945
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .23391063
     {txt}sigma_e {c |} {res} .36134745
         {txt}rho {c |} {res} .29529558{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 dec2-dec8               
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0358{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0008{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0167{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}16{txt},{res}147{txt}){col 67}={col 70}{res}     6.38
{txt}corr(u_i, Xb){col 16}= {res}-0.1717{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2049718{col 28}{space 2} .0759156{col 39}{space 1}    2.70{col 48}{space 3}0.008{col 56}{space 4} .0549448{col 69}{space 3} .3549989
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0394549{col 28}{space 2} .0134197{col 39}{space 1}    2.94{col 48}{space 3}0.004{col 56}{space 4} .0129344{col 69}{space 3} .0659754
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.1815807{col 28}{space 2} .0845189{col 39}{space 1}   -2.15{col 48}{space 3}0.033{col 56}{space 4}-.3486098{col 69}{space 3}-.0145516
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0187784{col 28}{space 2} .0237248{col 39}{space 1}    0.79{col 48}{space 3}0.430{col 56}{space 4}-.0281073{col 69}{space 3}  .065664
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0797346{col 28}{space 2} .0295931{col 39}{space 1}    2.69{col 48}{space 3}0.008{col 56}{space 4} .0212517{col 69}{space 3} .1382174
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0207534{col 28}{space 2} .0126162{col 39}{space 1}    1.64{col 48}{space 3}0.102{col 56}{space 4}-.0041792{col 69}{space 3}  .045686
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0477137{col 28}{space 2} .0288909{col 39}{space 1}    1.65{col 48}{space 3}0.101{col 56}{space 4}-.0093814{col 69}{space 3} .1048088
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0360459{col 28}{space 2} .0301623{col 39}{space 1}    1.20{col 48}{space 3}0.234{col 56}{space 4}-.0235618{col 69}{space 3} .0956537
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0291463{col 28}{space 2} .0343672{col 39}{space 1}    0.85{col 48}{space 3}0.398{col 56}{space 4}-.0387714{col 69}{space 3} .0970639
{txt}{space 10}dec2 {c |}{col 16}{res}{space 2} .0433553{col 28}{space 2} .0331592{col 39}{space 1}    1.31{col 48}{space 3}0.193{col 56}{space 4}-.0221751{col 69}{space 3} .1088857
{txt}{space 10}dec3 {c |}{col 16}{res}{space 2} .0311011{col 28}{space 2} .0326752{col 39}{space 1}    0.95{col 48}{space 3}0.343{col 56}{space 4}-.0334728{col 69}{space 3}  .095675
{txt}{space 10}dec4 {c |}{col 16}{res}{space 2}  .056383{col 28}{space 2} .0374787{col 39}{space 1}    1.50{col 48}{space 3}0.135{col 56}{space 4}-.0176837{col 69}{space 3} .1304498
{txt}{space 10}dec5 {c |}{col 16}{res}{space 2} .1066679{col 28}{space 2} .0409196{col 39}{space 1}    2.61{col 48}{space 3}0.010{col 56}{space 4} .0258011{col 69}{space 3} .1875346
{txt}{space 10}dec6 {c |}{col 16}{res}{space 2} .2070354{col 28}{space 2} .0446034{col 39}{space 1}    4.64{col 48}{space 3}0.000{col 56}{space 4} .1188887{col 69}{space 3} .2951821
{txt}{space 10}dec7 {c |}{col 16}{res}{space 2} .1942065{col 28}{space 2} .0511577{col 39}{space 1}    3.80{col 48}{space 3}0.000{col 56}{space 4}  .093107{col 69}{space 3} .2953061
{txt}{space 10}dec8 {c |}{col 16}{res}{space 2} .2259743{col 28}{space 2} .0523313{col 39}{space 1}    4.32{col 48}{space 3}0.000{col 56}{space 4} .1225555{col 69}{space 3}  .329393
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0309582{col 28}{space 2} .0883926{col 39}{space 1}   -0.35{col 48}{space 3}0.727{col 56}{space 4}-.2056426{col 69}{space 3} .1437263
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .20079651
       {txt}sigma_e {c |} {res} .38953351
           {txt}rho {c |} {res} .20993526{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.                         
.         
.         ****************************************************************************
.         *Table A.3.10. Additional control variables
.         ****************************************************************************                                    
.                                                                 
. 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_ln_gdp_pc
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,393
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0302{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.1579{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0539{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     7.08
{txt}corr(u_i, Xb){col 16}= {res}-0.1187{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1958343{col 28}{space 2} .0798272{col 39}{space 1}    2.45{col 48}{space 3}0.015{col 56}{space 4} .0380771{col 69}{space 3} .3535915
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2}   .05391{col 28}{space 2}  .014572{col 39}{space 1}    3.70{col 48}{space 3}0.000{col 56}{space 4} .0251123{col 69}{space 3} .0827078
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0021507{col 28}{space 2} .0705248{col 39}{space 1}   -0.03{col 48}{space 3}0.976{col 56}{space 4}-.1415241{col 69}{space 3} .1372228
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0337797{col 28}{space 2} .0227734{col 39}{space 1}    1.48{col 48}{space 3}0.140{col 56}{space 4}-.0112259{col 69}{space 3} .0787853
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0715952{col 28}{space 2} .0302077{col 39}{space 1}    2.37{col 48}{space 3}0.019{col 56}{space 4} .0118977{col 69}{space 3} .1312927
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0037049{col 28}{space 2} .0124897{col 39}{space 1}    0.30{col 48}{space 3}0.767{col 56}{space 4}-.0209777{col 69}{space 3} .0283876
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0434301{col 28}{space 2} .0297532{col 39}{space 1}    1.46{col 48}{space 3}0.147{col 56}{space 4}-.0153691{col 69}{space 3} .1022294
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0806396{col 28}{space 2} .0321398{col 39}{space 1}    2.51{col 48}{space 3}0.013{col 56}{space 4} .0171238{col 69}{space 3} .1441553
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0619617{col 28}{space 2} .0281606{col 39}{space 1}    2.20{col 48}{space 3}0.029{col 56}{space 4} .0063098{col 69}{space 3} .1176136
{txt}{space 3}l_ln_gdp_pc {c |}{col 16}{res}{space 2} .1126514{col 28}{space 2} .0244913{col 39}{space 1}    4.60{col 48}{space 3}0.000{col 56}{space 4} .0642508{col 69}{space 3} .1610519
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.2467947{col 28}{space 2} .1041101{col 39}{space 1}   -2.37{col 48}{space 3}0.019{col 56}{space 4}-.4525405{col 69}{space 3} -.041049
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .17749104
       {txt}sigma_e {c |} {res} .39055405
           {txt}rho {c |} {res} .17117928{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_ln_e_pop      
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,393
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0398{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.1495{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0407{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     8.09
{txt}corr(u_i, Xb){col 16}= {res}-0.7223{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .1962471{col 28}{space 2} .0696287{col 39}{space 1}    2.82{col 48}{space 3}0.005{col 56}{space 4} .0586445{col 69}{space 3} .3338498
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0300959{col 28}{space 2} .0124514{col 39}{space 1}    2.42{col 48}{space 3}0.017{col 56}{space 4} .0054891{col 69}{space 3} .0547028
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.1454854{col 28}{space 2}  .078606{col 39}{space 1}   -1.85{col 48}{space 3}0.066{col 56}{space 4}-.3008293{col 69}{space 3} .0098585
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0245656{col 28}{space 2} .0222196{col 39}{space 1}    1.11{col 48}{space 3}0.271{col 56}{space 4}-.0193455{col 69}{space 3} .0684768
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0846332{col 28}{space 2} .0296373{col 39}{space 1}    2.86{col 48}{space 3}0.005{col 56}{space 4} .0260631{col 69}{space 3} .1432034
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0107033{col 28}{space 2}  .012488{col 39}{space 1}    0.86{col 48}{space 3}0.393{col 56}{space 4}-.0139758{col 69}{space 3} .0353825
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0541598{col 28}{space 2} .0306782{col 39}{space 1}    1.77{col 48}{space 3}0.080{col 56}{space 4}-.0064676{col 69}{space 3} .1147872
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0703069{col 28}{space 2} .0322822{col 39}{space 1}    2.18{col 48}{space 3}0.031{col 56}{space 4} .0065097{col 69}{space 3} .1341041
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0304534{col 28}{space 2} .0285601{col 39}{space 1}    1.07{col 48}{space 3}0.288{col 56}{space 4} -.025988{col 69}{space 3} .0868948
{txt}{space 4}l_ln_e_pop {c |}{col 16}{res}{space 2} .1601212{col 28}{space 2} .0295088{col 39}{space 1}    5.43{col 48}{space 3}0.000{col 56}{space 4} .1018049{col 69}{space 3} .2184375
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.9537716{col 28}{space 2} .1814794{col 39}{space 1}   -5.26{col 48}{space 3}0.000{col 56}{space 4}-1.312417{col 69}{space 3} -.595126
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}    .26507
       {txt}sigma_e {c |} {res} .38862366
           {txt}rho {c |} {res} .31751079{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_fpdist        
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,802
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0203{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0251{col 63}{txt}avg{col 67}={col 69}{res}      40.9
{txt}     overall = {res}0.0161{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}10{txt},{res}141{txt}){col 67}={col 70}{res}     4.88
{txt}corr(u_i, Xb){col 16}= {res}-0.0942{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2407232{col 28}{space 2} .0860244{col 39}{space 1}    2.80{col 48}{space 3}0.006{col 56}{space 4} .0706588{col 69}{space 3} .4107875
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0361961{col 28}{space 2} .0144166{col 39}{space 1}    2.51{col 48}{space 3}0.013{col 56}{space 4} .0076954{col 69}{space 3} .0646967
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2} .0309655{col 28}{space 2} .0796793{col 39}{space 1}    0.39{col 48}{space 3}0.698{col 56}{space 4} -.126555{col 69}{space 3} .1884861
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0409403{col 28}{space 2} .0235349{col 39}{space 1}    1.74{col 48}{space 3}0.084{col 56}{space 4}-.0055867{col 69}{space 3} .0874673
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2}   .07152{col 28}{space 2} .0312399{col 39}{space 1}    2.29{col 48}{space 3}0.024{col 56}{space 4} .0097608{col 69}{space 3} .1332792
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0103225{col 28}{space 2} .0134253{col 39}{space 1}    0.77{col 48}{space 3}0.443{col 56}{space 4}-.0162183{col 69}{space 3} .0368634
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0422203{col 28}{space 2}  .032513{col 39}{space 1}    1.30{col 48}{space 3}0.196{col 56}{space 4}-.0220556{col 69}{space 3} .1064962
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .0715662{col 28}{space 2} .0325264{col 39}{space 1}    2.20{col 48}{space 3}0.029{col 56}{space 4} .0072637{col 69}{space 3} .1358687
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0535169{col 28}{space 2} .0296815{col 39}{space 1}    1.80{col 48}{space 3}0.074{col 56}{space 4}-.0051613{col 69}{space 3} .1121952
{txt}{space 6}l_fpdist {c |}{col 16}{res}{space 2}  .027268{col 28}{space 2} .0165743{col 39}{space 1}    1.65{col 48}{space 3}0.102{col 56}{space 4}-.0054983{col 69}{space 3} .0600343
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.1029639{col 28}{space 2} .0983951{col 39}{space 1}   -1.05{col 48}{space 3}0.297{col 56}{space 4}-.2974842{col 69}{space 3} .0915564
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res}   .184682
       {txt}sigma_e {c |} {res}  .3942774
           {txt}rho {c |} {res} .17992752{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_ln_gdp_pc
>                 l_ln_e_pop
>                 l_fpdist
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,802
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0472{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2037{col 63}{txt}avg{col 67}={col 69}{res}      40.9
{txt}     overall = {res}0.0501{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}12{txt},{res}141{txt}){col 67}={col 70}{res}     6.91
{txt}corr(u_i, Xb){col 16}= {res}-0.7923{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2188924{col 28}{space 2} .0757636{col 39}{space 1}    2.89{col 48}{space 3}0.004{col 56}{space 4} .0691129{col 69}{space 3} .3686719
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0512762{col 28}{space 2} .0140109{col 39}{space 1}    3.66{col 48}{space 3}0.000{col 56}{space 4} .0235777{col 69}{space 3} .0789747
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.1758038{col 28}{space 2} .0818724{col 39}{space 1}   -2.15{col 48}{space 3}0.033{col 56}{space 4}  -.33766{col 69}{space 3}-.0139476
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0096744{col 28}{space 2} .0227907{col 39}{space 1}    0.42{col 48}{space 3}0.672{col 56}{space 4}-.0353813{col 69}{space 3} .0547301
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0761725{col 28}{space 2} .0311006{col 39}{space 1}    2.45{col 48}{space 3}0.016{col 56}{space 4} .0146886{col 69}{space 3} .1376563
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0166002{col 28}{space 2} .0135492{col 39}{space 1}    1.23{col 48}{space 3}0.223{col 56}{space 4}-.0101855{col 69}{space 3}  .043386
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0533635{col 28}{space 2} .0312858{col 39}{space 1}    1.71{col 48}{space 3}0.090{col 56}{space 4}-.0084863{col 69}{space 3} .1152133
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1008686{col 28}{space 2} .0309822{col 39}{space 1}    3.26{col 48}{space 3}0.001{col 56}{space 4} .0396189{col 69}{space 3} .1621183
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0463454{col 28}{space 2} .0299322{col 39}{space 1}    1.55{col 48}{space 3}0.124{col 56}{space 4}-.0128285{col 69}{space 3} .1055193
{txt}{space 3}l_ln_gdp_pc {c |}{col 16}{res}{space 2} .0484365{col 28}{space 2} .0270646{col 39}{space 1}    1.79{col 48}{space 3}0.076{col 56}{space 4}-.0050684{col 69}{space 3} .1019414
{txt}{space 4}l_ln_e_pop {c |}{col 16}{res}{space 2} .1904125{col 28}{space 2} .0407717{col 39}{space 1}    4.67{col 48}{space 3}0.000{col 56}{space 4} .1098096{col 69}{space 3} .2710153
{txt}{space 6}l_fpdist {c |}{col 16}{res}{space 2}-.0438975{col 28}{space 2} .0189793{col 39}{space 1}   -2.31{col 48}{space 3}0.022{col 56}{space 4}-.0814182{col 69}{space 3}-.0063767
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-1.196767{col 28}{space 2} .2207832{col 39}{space 1}   -5.42{col 48}{space 3}0.000{col 56}{space 4} -1.63324{col 69}{space 3}-.7602936
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .29483353
       {txt}sigma_e {c |} {res} .38888526
           {txt}rho {c |} {res} .36499553{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.                 
.         
.         ****************************************************************************
.         *Table A.3.11. Controlling for Lobbying Disclosure Act of 1995
.         ****************************************************************************            
.                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 post1995
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0134{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0275{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0129{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}3{txt},{res}147{txt}){col 67}={col 70}{res}     8.20
{txt}corr(u_i, Xb){col 16}= {res}-0.0746{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}l_rep_score {c |}{col 14}{res}{space 2} .0525966{col 26}{space 2}  .013208{col 37}{space 1}    3.98{col 46}{space 3}0.000{col 54}{space 4} .0264945{col 67}{space 3} .0786987
{txt}{space 2}l_v2x_corr {c |}{col 14}{res}{space 2}-.0386465{col 26}{space 2} .0740691{col 37}{space 1}   -0.52{col 46}{space 3}0.603{col 54}{space 4}-.1850243{col 67}{space 3} .1077312
{txt}{space 4}post1995 {c |}{col 14}{res}{space 2}  .084977{col 26}{space 2}   .02545{col 37}{space 1}    3.34{col 46}{space 3}0.001{col 54}{space 4} .0346819{col 67}{space 3} .1352721
{txt}{space 7}_cons {c |}{col 14}{res}{space 2}-.0817617{col 26}{space 2} .0863977{col 37}{space 1}   -0.95{col 46}{space 3}0.346{col 54}{space 4}-.2525038{col 67}{space 3} .0889803
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .18929653
     {txt}sigma_e {c |} {res} .39361789
         {txt}rho {c |} {res}  .1878362{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}. 
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 post1995
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0173{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0135{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0179{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}2{txt},{res}164{txt}){col 67}={col 70}{res}    11.74
{txt}corr(u_i, Xb){col 16}= {res}0.0104{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}tournament {c |}{col 14}{res}{space 2} .2033766{col 26}{space 2} .0886221{col 37}{space 1}    2.29{col 46}{space 3}0.023{col 54}{space 4} .0283892{col 67}{space 3}  .378364
{txt}{space 4}post1995 {c |}{col 14}{res}{space 2} .1070592{col 26}{space 2} .0224582{col 37}{space 1}    4.77{col 46}{space 3}0.000{col 54}{space 4} .0627147{col 67}{space 3} .1514036
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1591114{col 26}{space 2}   .00643{col 37}{space 1}   24.75{col 46}{space 3}0.000{col 54}{space 4} .1464151{col 67}{space 3} .1718077
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .22745532
     {txt}sigma_e {c |} {res} .36515161
         {txt}rho {c |} {res} .27954541{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc
>                 post1995
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0189{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0691{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0219{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}3{txt},{res}154{txt}){col 67}={col 70}{res}    15.63
{txt}corr(u_i, Xb){col 16}= {res}0.0169{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0791378{col 28}{space 2} .0223976{col 39}{space 1}    3.53{col 48}{space 3}0.001{col 56}{space 4} .0348917{col 69}{space 3} .1233839
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0804973{col 28}{space 2} .0299229{col 39}{space 1}    2.69{col 48}{space 3}0.008{col 56}{space 4} .0213849{col 69}{space 3} .1396097
{txt}{space 6}post1995 {c |}{col 16}{res}{space 2} .0948633{col 28}{space 2} .0227398{col 39}{space 1}    4.17{col 48}{space 3}0.000{col 56}{space 4} .0499411{col 69}{space 3} .1397855
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .1518624{col 28}{space 2} .0074096{col 39}{space 1}   20.50{col 48}{space 3}0.000{col 56}{space 4} .1372249{col 69}{space 3}    .1665
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18117154
       {txt}sigma_e {c |} {res} .36734898
           {txt}rho {c |} {res} .19564546{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 post1995
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,222
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       165

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0188{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0021{col 63}{txt}avg{col 67}={col 69}{res}      49.8
{txt}     overall = {res}0.0151{col 63}{txt}max{col 67}={col 69}{res}        78

{txt}{col 49}F({res}5{txt},{res}164{txt}){col 67}={col 70}{res}     8.76
{txt}corr(u_i, Xb){col 16}= {res}-0.0295{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 78:(Std. Err. adjusted for {res:165} clusters in cowcode)}
{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 14}{c |}{col 26}    Robust
{col 1}ln_firm_s~rt{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}new_uspres {c |}{col 14}{res}{space 2} .0090749{col 26}{space 2} .0099308{col 37}{space 1}    0.91{col 46}{space 3}0.362{col 54}{space 4}-.0105338{col 67}{space 3} .0286837
{txt}{space 1}cubancrisis {c |}{col 14}{res}{space 2} .0135744{col 26}{space 2} .0188504{col 37}{space 1}    0.72{col 46}{space 3}0.472{col 54}{space 4}-.0236464{col 67}{space 3} .0507952
{txt}{space 2}coldwarend {c |}{col 14}{res}{space 2} .1234614{col 26}{space 2} .0297961{col 37}{space 1}    4.14{col 46}{space 3}0.000{col 54}{space 4}  .064628{col 67}{space 3} .1822948
{txt}{space 1}waronterror {c |}{col 14}{res}{space 2} .0187948{col 26}{space 2} .0296316{col 37}{space 1}    0.63{col 46}{space 3}0.527{col 54}{space 4}-.0397138{col 67}{space 3} .0773034
{txt}{space 4}post1995 {c |}{col 14}{res}{space 2} .1164727{col 26}{space 2} .0242013{col 37}{space 1}    4.81{col 46}{space 3}0.000{col 54}{space 4} .0686863{col 67}{space 3} .1642591
{txt}{space 7}_cons {c |}{col 14}{res}{space 2} .1507279{col 26}{space 2} .0070296{col 37}{space 1}   21.44{col 46}{space 3}0.000{col 54}{space 4} .1368477{col 67}{space 3}  .164608
{txt}{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
     sigma_u {c |} {res} .22977016
     {txt}sigma_e {c |} {res} .36493727
         {txt}rho {c |} {res} .28388085{txt}   (fraction of variance due to u_i)
{hline 13}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 post1995
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0222{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0240{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0195{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     6.41
{txt}corr(u_i, Xb){col 16}= {res}-0.0664{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 80:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}ln_firm_str~rt{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 4}tournament {c |}{col 16}{res}{space 2} .2090396{col 28}{space 2} .0763821{col 39}{space 1}    2.74{col 48}{space 3}0.007{col 56}{space 4} .0580907{col 69}{space 3} .3599886
{txt}{space 3}l_rep_score {c |}{col 16}{res}{space 2} .0434398{col 28}{space 2} .0138625{col 39}{space 1}    3.13{col 48}{space 3}0.002{col 56}{space 4} .0160442{col 69}{space 3} .0708354
{txt}{space 4}l_v2x_corr {c |}{col 16}{res}{space 2}-.0610996{col 28}{space 2} .0754286{col 39}{space 1}   -0.81{col 48}{space 3}0.419{col 56}{space 4}-.2101641{col 69}{space 3} .0879649
{txt}{space 4}l_cw_loint {c |}{col 16}{res}{space 2} .0348942{col 28}{space 2} .0230161{col 39}{space 1}    1.52{col 48}{space 3}0.132{col 56}{space 4}-.0105909{col 69}{space 3} .0803793
{txt}l_bin_coup_suc {c |}{col 16}{res}{space 2} .0756215{col 28}{space 2} .0299519{col 39}{space 1}    2.52{col 48}{space 3}0.013{col 56}{space 4} .0164295{col 69}{space 3} .1348135
{txt}{space 4}new_uspres {c |}{col 16}{res}{space 2} .0117055{col 28}{space 2}  .012573{col 39}{space 1}    0.93{col 48}{space 3}0.353{col 56}{space 4}-.0131418{col 69}{space 3} .0365527
{txt}{space 3}cubancrisis {c |}{col 16}{res}{space 2} .0157384{col 28}{space 2} .0312832{col 39}{space 1}    0.50{col 48}{space 3}0.616{col 56}{space 4}-.0460846{col 69}{space 3} .0775614
{txt}{space 4}coldwarend {c |}{col 16}{res}{space 2} .1125019{col 28}{space 2} .0315273{col 39}{space 1}    3.57{col 48}{space 3}0.000{col 56}{space 4} .0501965{col 69}{space 3} .1748073
{txt}{space 3}waronterror {c |}{col 16}{res}{space 2} .0214005{col 28}{space 2} .0294899{col 39}{space 1}    0.73{col 48}{space 3}0.469{col 56}{space 4}-.0368785{col 69}{space 3} .0796796
{txt}{space 6}post1995 {c |}{col 16}{res}{space 2} .0903838{col 28}{space 2}  .026109{col 39}{space 1}    3.46{col 48}{space 3}0.001{col 56}{space 4} .0387863{col 69}{space 3} .1419812
{txt}{space 9}_cons {c |}{col 16}{res}{space 2}-.0379402{col 28}{space 2} .0876014{col 39}{space 1}   -0.43{col 48}{space 3}0.666{col 56}{space 4} -.211061{col 69}{space 3} .1351806
{txt}{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
       sigma_u {c |} {res} .18975961
       {txt}sigma_e {c |} {res} .39208334
           {txt}rho {c |} {res} .18978116{txt}   (fraction of variance due to u_i)
{hline 15}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         
.         ****************************************************************************
.         *Table A.3.12. Controlling for stock of PR firms already hired
.         ****************************************************************************                                    
. 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_rep_score
>                 l_v2x_corr
>                 l_ln_firmstock_strict_count
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0205{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2996{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0652{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}3{txt},{res}147{txt}){col 67}={col 70}{res}    14.62
{txt}corr(u_i, Xb){col 16}= {res}0.2165{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 93:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 28}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 29}{c |}{col 41}    Robust
{col 1} ln_firm_strict_count_start{col 29}{c |}      Coef.{col 41}   Std. Err.{col 53}      t{col 61}   P>|t|{col 69}     [95% Con{col 82}f. Interval]
{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 16}l_rep_score {c |}{col 29}{res}{space 2} .0425841{col 41}{space 2} .0123458{col 52}{space 1}    3.45{col 61}{space 3}0.001{col 69}{space 4} .0181859{col 82}{space 3} .0669823
{txt}{space 17}l_v2x_corr {c |}{col 29}{res}{space 2} .0714199{col 41}{space 2}  .063032{col 52}{space 1}    1.13{col 61}{space 3}0.259{col 69}{space 4} -.053146{col 82}{space 3} .1959857
{txt}l_ln_firmstock_strict_count {c |}{col 29}{res}{space 2} .1395011{col 41}{space 2} .0252494{col 52}{space 1}    5.52{col 61}{space 3}0.000{col 69}{space 4} .0896025{col 82}{space 3} .1893997
{txt}{space 22}_cons {c |}{col 29}{res}{space 2}-.0856722{col 41}{space 2}  .081966{col 52}{space 1}   -1.05{col 61}{space 3}0.298{col 69}{space 4}-.2476562{col 82}{space 3} .0763117
{txt}{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                    sigma_u {c |} {res}  .1685215
                    {txt}sigma_e {c |} {res} .39219438
                        {txt}rho {c |} {res} .15585627{txt}   (fraction of variance due to u_i)
{hline 28}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_ln_firmstock_strict_count
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,062
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       157

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0247{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.8280{col 63}{txt}avg{col 67}={col 69}{res}      51.4
{txt}     overall = {res}0.0877{col 63}{txt}max{col 67}={col 69}{res}        77

{txt}{col 49}F({res}2{txt},{res}156{txt}){col 67}={col 70}{res}    22.65
{txt}corr(u_i, Xb){col 16}= {res}0.3712{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 93:(Std. Err. adjusted for {res:157} clusters in cowcode)}
{hline 28}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 29}{c |}{col 41}    Robust
{col 1} ln_firm_strict_count_start{col 29}{c |}      Coef.{col 41}   Std. Err.{col 53}      t{col 61}   P>|t|{col 69}     [95% Con{col 82}f. Interval]
{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 17}tournament {c |}{col 29}{res}{space 2} .2220634{col 41}{space 2} .0860987{col 52}{space 1}    2.58{col 61}{space 3}0.011{col 69}{space 4} .0519937{col 82}{space 3} .3921332
{txt}l_ln_firmstock_strict_count {c |}{col 29}{res}{space 2} .1764352{col 41}{space 2} .0262878{col 52}{space 1}    6.71{col 61}{space 3}0.000{col 69}{space 4} .1245092{col 82}{space 3} .2283612
{txt}{space 22}_cons {c |}{col 29}{res}{space 2} .1661497{col 41}{space 2} .0040906{col 52}{space 1}   40.62{col 61}{space 3}0.000{col 69}{space 4} .1580696{col 82}{space 3} .1742297
{txt}{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                    sigma_u {c |} {res} .18400109
                    {txt}sigma_e {c |} {res} .36522781
                        {txt}rho {c |} {res} .20243263{txt}   (fraction of variance due to u_i)
{hline 28}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.                         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 l_cw_loint
>                 l_bin_coup_suc 
>                 l_ln_firmstock_strict_count
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     7,933
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       155

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0278{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.6093{col 63}{txt}avg{col 67}={col 69}{res}      51.2
{txt}     overall = {res}0.0868{col 63}{txt}max{col 67}={col 69}{res}        76

{txt}{col 49}F({res}3{txt},{res}154{txt}){col 67}={col 70}{res}    23.83
{txt}corr(u_i, Xb){col 16}= {res}0.3271{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 93:(Std. Err. adjusted for {res:155} clusters in cowcode)}
{hline 28}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 29}{c |}{col 41}    Robust
{col 1} ln_firm_strict_count_start{col 29}{c |}      Coef.{col 41}   Std. Err.{col 53}      t{col 61}   P>|t|{col 69}     [95% Con{col 82}f. Interval]
{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 17}l_cw_loint {c |}{col 29}{res}{space 2} .0907689{col 41}{space 2} .0203478{col 52}{space 1}    4.46{col 61}{space 3}0.000{col 69}{space 4}  .050572{col 82}{space 3} .1309659
{txt}{space 13}l_bin_coup_suc {c |}{col 29}{res}{space 2} .0729172{col 41}{space 2} .0300259{col 52}{space 1}    2.43{col 61}{space 3}0.016{col 69}{space 4} .0136014{col 82}{space 3} .1322331
{txt}l_ln_firmstock_strict_count {c |}{col 29}{res}{space 2} .1688482{col 41}{space 2} .0263389{col 52}{space 1}    6.41{col 61}{space 3}0.000{col 69}{space 4} .1168159{col 82}{space 3} .2208804
{txt}{space 22}_cons {c |}{col 29}{res}{space 2} .1534025{col 41}{space 2} .0052466{col 52}{space 1}   29.24{col 61}{space 3}0.000{col 69}{space 4} .1430379{col 82}{space 3} .1637672
{txt}{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                    sigma_u {c |} {res}  .1609914
                    {txt}sigma_e {c |} {res} .36568008
                        {txt}rho {c |} {res} .16235408{txt}   (fraction of variance due to u_i)
{hline 28}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_ln_firmstock_strict_count
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     8,062
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       157

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0255{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.8722{col 63}{txt}avg{col 67}={col 69}{res}      51.4
{txt}     overall = {res}0.0817{col 63}{txt}max{col 67}={col 69}{res}        77

{txt}{col 49}F({res}5{txt},{res}156{txt}){col 67}={col 70}{res}    12.71
{txt}corr(u_i, Xb){col 16}= {res}0.3424{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 93:(Std. Err. adjusted for {res:157} clusters in cowcode)}
{hline 28}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 29}{c |}{col 41}    Robust
{col 1} ln_firm_strict_count_start{col 29}{c |}      Coef.{col 41}   Std. Err.{col 53}      t{col 61}   P>|t|{col 69}     [95% Con{col 82}f. Interval]
{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 17}new_uspres {c |}{col 29}{res}{space 2} .0120828{col 41}{space 2} .0105037{col 52}{space 1}    1.15{col 61}{space 3}0.252{col 69}{space 4} -.008665{col 82}{space 3} .0328306
{txt}{space 16}cubancrisis {c |}{col 29}{res}{space 2}-.0085781{col 41}{space 2} .0183983{col 52}{space 1}   -0.47{col 61}{space 3}0.642{col 69}{space 4}-.0449201{col 82}{space 3} .0277639
{txt}{space 17}coldwarend {c |}{col 29}{res}{space 2}  .091488{col 41}{space 2} .0307836{col 52}{space 1}    2.97{col 61}{space 3}0.003{col 69}{space 4} .0306814{col 82}{space 3} .1522945
{txt}{space 16}waronterror {c |}{col 29}{res}{space 2}  .078868{col 41}{space 2} .0269217{col 52}{space 1}    2.93{col 61}{space 3}0.004{col 69}{space 4} .0256899{col 82}{space 3} .1320461
{txt}l_ln_firmstock_strict_count {c |}{col 29}{res}{space 2} .1730898{col 41}{space 2} .0265647{col 52}{space 1}    6.52{col 61}{space 3}0.000{col 69}{space 4} .1206168{col 82}{space 3} .2255628
{txt}{space 22}_cons {c |}{col 29}{res}{space 2} .1607832{col 41}{space 2}  .004277{col 52}{space 1}   37.59{col 61}{space 3}0.000{col 69}{space 4}  .152335{col 82}{space 3} .1692315
{txt}{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                    sigma_u {c |} {res} .18555481
                    {txt}sigma_e {c |} {res} .36515206
                        {txt}rho {c |} {res} .20522907{txt}   (fraction of variance due to u_i)
{hline 28}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_firm_strict_count_start 
>                 tournament
>                 l_rep_score
>                 l_v2x_corr
>                 l_cw_loint
>                 l_bin_coup_suc          
>                 new_uspres
>                 cubancrisis 
>                 coldwarend      
>                 waronterror
>                 l_ln_firmstock_strict_count
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     6,396
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       148

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0293{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.3091{col 63}{txt}avg{col 67}={col 69}{res}      43.2
{txt}     overall = {res}0.0717{col 63}{txt}max{col 67}={col 69}{res}        74

{txt}{col 49}F({res}10{txt},{res}147{txt}){col 67}={col 70}{res}     8.32
{txt}corr(u_i, Xb){col 16}= {res}0.2046{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 93:(Std. Err. adjusted for {res:148} clusters in cowcode)}
{hline 28}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 29}{c |}{col 41}    Robust
{col 1} ln_firm_strict_count_start{col 29}{c |}      Coef.{col 41}   Std. Err.{col 53}      t{col 61}   P>|t|{col 69}     [95% Con{col 82}f. Interval]
{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 17}tournament {c |}{col 29}{res}{space 2} .2211234{col 41}{space 2} .0745232{col 52}{space 1}    2.97{col 61}{space 3}0.004{col 69}{space 4} .0738483{col 82}{space 3} .3683986
{txt}{space 16}l_rep_score {c |}{col 29}{res}{space 2} .0314917{col 41}{space 2} .0128443{col 52}{space 1}    2.45{col 61}{space 3}0.015{col 69}{space 4} .0061083{col 82}{space 3} .0568751
{txt}{space 17}l_v2x_corr {c |}{col 29}{res}{space 2} .0399944{col 41}{space 2} .0642057{col 52}{space 1}    0.62{col 61}{space 3}0.534{col 69}{space 4}-.0868911{col 82}{space 3}   .16688
{txt}{space 17}l_cw_loint {c |}{col 29}{res}{space 2} .0481637{col 41}{space 2} .0209142{col 52}{space 1}    2.30{col 61}{space 3}0.023{col 69}{space 4} .0068325{col 82}{space 3}  .089495
{txt}{space 13}l_bin_coup_suc {c |}{col 29}{res}{space 2} .0723753{col 41}{space 2} .0303009{col 52}{space 1}    2.39{col 61}{space 3}0.018{col 69}{space 4} .0124937{col 82}{space 3} .1322569
{txt}{space 17}new_uspres {c |}{col 29}{res}{space 2} .0021486{col 41}{space 2} .0125411{col 52}{space 1}    0.17{col 61}{space 3}0.864{col 69}{space 4}-.0226356{col 82}{space 3} .0269329
{txt}{space 16}cubancrisis {c |}{col 29}{res}{space 2} .0072729{col 41}{space 2} .0301699{col 52}{space 1}    0.24{col 61}{space 3}0.810{col 69}{space 4}  -.05235{col 82}{space 3} .0668957
{txt}{space 17}coldwarend {c |}{col 29}{res}{space 2} .0854266{col 41}{space 2} .0321171{col 52}{space 1}    2.66{col 61}{space 3}0.009{col 69}{space 4} .0219558{col 82}{space 3} .1488974
{txt}{space 16}waronterror {c |}{col 29}{res}{space 2} .0594683{col 41}{space 2} .0276604{col 52}{space 1}    2.15{col 61}{space 3}0.033{col 69}{space 4}  .004805{col 82}{space 3} .1141317
{txt}l_ln_firmstock_strict_count {c |}{col 29}{res}{space 2} .1392129{col 41}{space 2} .0246264{col 52}{space 1}    5.65{col 61}{space 3}0.000{col 69}{space 4} .0905455{col 82}{space 3} .1878804
{txt}{space 22}_cons {c |}{col 29}{res}{space 2}-.0247145{col 41}{space 2} .0832419{col 52}{space 1}   -0.30{col 61}{space 3}0.767{col 69}{space 4}-.1892198{col 82}{space 3} .1397909
{txt}{hline 28}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                    sigma_u {c |} {res} .16862812
                    {txt}sigma_e {c |} {res} .39065145
                        {txt}rho {c |} {res} .15706372{txt}   (fraction of variance due to u_i)
{hline 28}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.                                         
.         
.         ****************************************************************************
.         *Table A.4.1. Two-way linear fixed effects regression for US state visits (binary measure)
.         ****************************************************************************                                    
.                                 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_secstate
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,836
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0935{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0010{col 63}{txt}avg{col 67}={col 69}{res}      41.1
{txt}     overall = {res}0.0482{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}    10.37
{txt}corr(u_i, Xb){col 16}= {res}-0.2401{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}     bin_visit_secstate{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2} .0079758{col 37}{space 2} .0053554{col 48}{space 1}    1.49{col 57}{space 3}0.139{col 65}{space 4}-.0026114{col 78}{space 3}  .018563
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2}-.0688471{col 37}{space 2} .0181536{col 48}{space 1}   -3.79{col 57}{space 3}0.000{col 65}{space 4}-.1047356{col 78}{space 3}-.0329586
{txt}{space 13}tournament {c |}{col 25}{res}{space 2}-.0290834{col 37}{space 2}  .048661{col 48}{space 1}   -0.60{col 57}{space 3}0.551{col 65}{space 4}-.1252828{col 78}{space 3} .0671161
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2}  .001744{col 37}{space 2} .0096521{col 48}{space 1}    0.18{col 57}{space 3}0.857{col 65}{space 4}-.0173375{col 78}{space 3} .0208254
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2}-.1244829{col 37}{space 2}  .073063{col 48}{space 1}   -1.70{col 57}{space 3}0.091{col 65}{space 4}-.2689234{col 78}{space 3} .0199575
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2}-.0364982{col 37}{space 2} .0183056{col 48}{space 1}   -1.99{col 57}{space 3}0.048{col 65}{space 4}-.0726871{col 78}{space 3}-.0003093
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2}-.0050321{col 37}{space 2}  .018876{col 48}{space 1}   -0.27{col 57}{space 3}0.790{col 65}{space 4}-.0423486{col 78}{space 3} .0322844
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2}-.0024641{col 37}{space 2} .0515649{col 48}{space 1}   -0.05{col 57}{space 3}0.962{col 65}{space 4}-.1044044{col 78}{space 3} .0994761
{txt}{space 18}1949  {c |}{col 25}{res}{space 2} -.044696{col 37}{space 2} .0360185{col 48}{space 1}   -1.24{col 57}{space 3}0.217{col 65}{space 4}-.1159021{col 78}{space 3}   .02651
{txt}{space 18}1950  {c |}{col 25}{res}{space 2}-.0483024{col 37}{space 2} .0348345{col 48}{space 1}   -1.39{col 57}{space 3}0.168{col 65}{space 4}-.1171679{col 78}{space 3} .0205631
{txt}{space 18}1951  {c |}{col 25}{res}{space 2}-.0360903{col 37}{space 2} .0357521{col 48}{space 1}   -1.01{col 57}{space 3}0.314{col 65}{space 4}-.1067697{col 78}{space 3} .0345892
{txt}{space 18}1952  {c |}{col 25}{res}{space 2} .0139104{col 37}{space 2} .0231151{col 48}{space 1}    0.60{col 57}{space 3}0.548{col 65}{space 4}-.0317867{col 78}{space 3} .0596074
{txt}{space 18}1953  {c |}{col 25}{res}{space 2} .1565937{col 37}{space 2} .0768141{col 48}{space 1}    2.04{col 57}{space 3}0.043{col 65}{space 4} .0047374{col 78}{space 3} .3084499
{txt}{space 18}1954  {c |}{col 25}{res}{space 2} .0015413{col 37}{space 2} .0516057{col 48}{space 1}    0.03{col 57}{space 3}0.976{col 65}{space 4}-.1004796{col 78}{space 3} .1035623
{txt}{space 18}1955  {c |}{col 25}{res}{space 2} .0889592{col 37}{space 2} .0577407{col 48}{space 1}    1.54{col 57}{space 3}0.126{col 65}{space 4}-.0251903{col 78}{space 3} .2031086
{txt}{space 18}1956  {c |}{col 25}{res}{space 2} .0820022{col 37}{space 2} .0624737{col 48}{space 1}    1.31{col 57}{space 3}0.191{col 65}{space 4}-.0415039{col 78}{space 3} .2055084
{txt}{space 18}1957  {c |}{col 25}{res}{space 2} -.030829{col 37}{space 2} .0402412{col 48}{space 1}   -0.77{col 57}{space 3}0.445{col 65}{space 4}-.1103832{col 78}{space 3} .0487251
{txt}{space 18}1958  {c |}{col 25}{res}{space 2}  .060262{col 37}{space 2} .0509084{col 48}{space 1}    1.18{col 57}{space 3}0.239{col 65}{space 4}-.0403804{col 78}{space 3} .1609045
{txt}{space 18}1959  {c |}{col 25}{res}{space 2}-.0207327{col 37}{space 2} .0382861{col 48}{space 1}   -0.54{col 57}{space 3}0.589{col 65}{space 4}-.0964216{col 78}{space 3} .0549562
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} .0843746{col 37}{space 2} .0523921{col 48}{space 1}    1.61{col 57}{space 3}0.110{col 65}{space 4} -.019201{col 78}{space 3} .1879503
{txt}{space 18}1961  {c |}{col 25}{res}{space 2} .0734621{col 37}{space 2} .0434573{col 48}{space 1}    1.69{col 57}{space 3}0.093{col 65}{space 4}-.0124501{col 78}{space 3} .1593743
{txt}{space 18}1962  {c |}{col 25}{res}{space 2}   .09025{col 37}{space 2} .0405276{col 48}{space 1}    2.23{col 57}{space 3}0.028{col 65}{space 4} .0101297{col 78}{space 3} .1703702
{txt}{space 18}1963  {c |}{col 25}{res}{space 2} .1072483{col 37}{space 2} .0395556{col 48}{space 1}    2.71{col 57}{space 3}0.008{col 65}{space 4} .0290495{col 78}{space 3}  .185447
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} .1292986{col 37}{space 2} .0358763{col 48}{space 1}    3.60{col 57}{space 3}0.000{col 65}{space 4} .0583736{col 78}{space 3} .2002237
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} .1546182{col 37}{space 2} .0486196{col 48}{space 1}    3.18{col 57}{space 3}0.002{col 65}{space 4} .0585005{col 78}{space 3} .2507358
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} .1325007{col 37}{space 2}  .041642{col 48}{space 1}    3.18{col 57}{space 3}0.002{col 65}{space 4} .0501774{col 78}{space 3} .2148241
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} .1324546{col 37}{space 2} .0406234{col 48}{space 1}    3.26{col 57}{space 3}0.001{col 65}{space 4}  .052145{col 78}{space 3} .2127642
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} .1746922{col 37}{space 2} .0508629{col 48}{space 1}    3.43{col 57}{space 3}0.001{col 65}{space 4} .0741397{col 78}{space 3} .2752447
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} .2676827{col 37}{space 2} .0530033{col 48}{space 1}    5.05{col 57}{space 3}0.000{col 65}{space 4} .1628988{col 78}{space 3} .3724666
{txt}{space 18}1971  {c |}{col 25}{res}{space 2}  .138626{col 37}{space 2} .0534849{col 48}{space 1}    2.59{col 57}{space 3}0.011{col 65}{space 4}   .03289{col 78}{space 3}  .244362
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} .2027527{col 37}{space 2} .0428629{col 48}{space 1}    4.73{col 57}{space 3}0.000{col 65}{space 4} .1180157{col 78}{space 3} .2874898
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} .3205081{col 37}{space 2} .0550039{col 48}{space 1}    5.83{col 57}{space 3}0.000{col 65}{space 4} .2117692{col 78}{space 3}  .429247
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} .2926316{col 37}{space 2} .0570131{col 48}{space 1}    5.13{col 57}{space 3}0.000{col 65}{space 4} .1799206{col 78}{space 3} .4053427
{txt}{space 18}1975  {c |}{col 25}{res}{space 2} .2282289{col 37}{space 2} .0525671{col 48}{space 1}    4.34{col 57}{space 3}0.000{col 65}{space 4} .1243073{col 78}{space 3} .3321505
{txt}{space 18}1976  {c |}{col 25}{res}{space 2} .3419911{col 37}{space 2}  .053104{col 48}{space 1}    6.44{col 57}{space 3}0.000{col 65}{space 4} .2370081{col 78}{space 3}  .446974
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} .2420393{col 37}{space 2} .0499679{col 48}{space 1}    4.84{col 57}{space 3}0.000{col 65}{space 4} .1432562{col 78}{space 3} .3408223
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} .2635455{col 37}{space 2} .0528729{col 48}{space 1}    4.98{col 57}{space 3}0.000{col 65}{space 4} .1590195{col 78}{space 3} .3680715
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} .1854582{col 37}{space 2}  .048362{col 48}{space 1}    3.83{col 57}{space 3}0.000{col 65}{space 4} .0898499{col 78}{space 3} .2810665
{txt}{space 18}1980  {c |}{col 25}{res}{space 2} .1755524{col 37}{space 2} .0457348{col 48}{space 1}    3.84{col 57}{space 3}0.000{col 65}{space 4} .0851378{col 78}{space 3}  .265967
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} .2388685{col 37}{space 2} .0523056{col 48}{space 1}    4.57{col 57}{space 3}0.000{col 65}{space 4} .1354638{col 78}{space 3} .3422731
{txt}{space 18}1982  {c |}{col 25}{res}{space 2} .2531591{col 37}{space 2} .0488535{col 48}{space 1}    5.18{col 57}{space 3}0.000{col 65}{space 4} .1565791{col 78}{space 3} .3497392
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} .2837612{col 37}{space 2} .0579985{col 48}{space 1}    4.89{col 57}{space 3}0.000{col 65}{space 4} .1691021{col 78}{space 3} .3984203
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} .2707553{col 37}{space 2} .0463151{col 48}{space 1}    5.85{col 57}{space 3}0.000{col 65}{space 4} .1791935{col 78}{space 3} .3623172
{txt}{space 18}1985  {c |}{col 25}{res}{space 2} .2794443{col 37}{space 2} .0527778{col 48}{space 1}    5.29{col 57}{space 3}0.000{col 65}{space 4} .1751061{col 78}{space 3} .3837825
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} .2791074{col 37}{space 2} .0538459{col 48}{space 1}    5.18{col 57}{space 3}0.000{col 65}{space 4} .1726577{col 78}{space 3} .3855571
{txt}{space 18}1987  {c |}{col 25}{res}{space 2} .3236022{col 37}{space 2} .0586902{col 48}{space 1}    5.51{col 57}{space 3}0.000{col 65}{space 4} .2075757{col 78}{space 3} .4396288
{txt}{space 18}1988  {c |}{col 25}{res}{space 2} .3469598{col 37}{space 2} .0603387{col 48}{space 1}    5.75{col 57}{space 3}0.000{col 65}{space 4} .2276744{col 78}{space 3} .4662452
{txt}{space 18}1989  {c |}{col 25}{res}{space 2} .2831073{col 37}{space 2} .0530721{col 48}{space 1}    5.33{col 57}{space 3}0.000{col 65}{space 4} .1781875{col 78}{space 3} .3880272
{txt}{space 18}1990  {c |}{col 25}{res}{space 2} .3534866{col 37}{space 2} .0646897{col 48}{space 1}    5.46{col 57}{space 3}0.000{col 65}{space 4} .2255994{col 78}{space 3} .4813738
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} .4013445{col 37}{space 2} .0621795{col 48}{space 1}    6.45{col 57}{space 3}0.000{col 65}{space 4} .2784199{col 78}{space 3} .5242691
{txt}{space 18}1992  {c |}{col 25}{res}{space 2} .3566701{col 37}{space 2} .0674886{col 48}{space 1}    5.28{col 57}{space 3}0.000{col 65}{space 4} .2232498{col 78}{space 3} .4900905
{txt}{space 18}1993  {c |}{col 25}{res}{space 2} .3487811{col 37}{space 2} .0647079{col 48}{space 1}    5.39{col 57}{space 3}0.000{col 65}{space 4}  .220858{col 78}{space 3} .4767041
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} .3692274{col 37}{space 2} .0673138{col 48}{space 1}    5.49{col 57}{space 3}0.000{col 65}{space 4} .2361527{col 78}{space 3}  .502302
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} .3434242{col 37}{space 2} .0669017{col 48}{space 1}    5.13{col 57}{space 3}0.000{col 65}{space 4} .2111642{col 78}{space 3} .4756841
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} .3901655{col 37}{space 2} .0682395{col 48}{space 1}    5.72{col 57}{space 3}0.000{col 65}{space 4} .2552606{col 78}{space 3} .5250704
{txt}{space 18}1997  {c |}{col 25}{res}{space 2} .5041199{col 37}{space 2} .0742435{col 48}{space 1}    6.79{col 57}{space 3}0.000{col 65}{space 4} .3573455{col 78}{space 3} .6508942
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} .3655142{col 37}{space 2}   .06481{col 48}{space 1}    5.64{col 57}{space 3}0.000{col 65}{space 4} .2373894{col 78}{space 3} .4936391
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} .4232822{col 37}{space 2} .0705836{col 48}{space 1}    6.00{col 57}{space 3}0.000{col 65}{space 4} .2837432{col 78}{space 3} .5628213
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} .4106798{col 37}{space 2} .0670738{col 48}{space 1}    6.12{col 57}{space 3}0.000{col 65}{space 4} .2780794{col 78}{space 3} .5432802
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} .4083459{col 37}{space 2} .0681248{col 48}{space 1}    5.99{col 57}{space 3}0.000{col 65}{space 4} .2736679{col 78}{space 3}  .543024
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} .4185081{col 37}{space 2} .0637289{col 48}{space 1}    6.57{col 57}{space 3}0.000{col 65}{space 4} .2925204{col 78}{space 3} .5444959
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} .4844917{col 37}{space 2} .0713808{col 48}{space 1}    6.79{col 57}{space 3}0.000{col 65}{space 4} .3433767{col 78}{space 3} .6256067
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} .4009483{col 37}{space 2}  .068464{col 48}{space 1}    5.86{col 57}{space 3}0.000{col 65}{space 4} .2655997{col 78}{space 3} .5362969
{txt}{space 18}2005  {c |}{col 25}{res}{space 2} .4847697{col 37}{space 2} .0729535{col 48}{space 1}    6.64{col 57}{space 3}0.000{col 65}{space 4} .3405456{col 78}{space 3} .6289937
{txt}{space 18}2006  {c |}{col 25}{res}{space 2}   .38956{col 37}{space 2} .0669969{col 48}{space 1}    5.81{col 57}{space 3}0.000{col 65}{space 4} .2571118{col 78}{space 3} .5220082
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} .3253402{col 37}{space 2} .0638152{col 48}{space 1}    5.10{col 57}{space 3}0.000{col 65}{space 4}  .199182{col 78}{space 3} .4514984
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} .5126073{col 37}{space 2} .0730798{col 48}{space 1}    7.01{col 57}{space 3}0.000{col 65}{space 4} .3681335{col 78}{space 3} .6570811
{txt}{space 18}2009  {c |}{col 25}{res}{space 2}   .46159{col 37}{space 2} .0644976{col 48}{space 1}    7.16{col 57}{space 3}0.000{col 65}{space 4} .3340827{col 78}{space 3} .5890972
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} .4861293{col 37}{space 2} .0701362{col 48}{space 1}    6.93{col 57}{space 3}0.000{col 65}{space 4} .3474749{col 78}{space 3} .6247837
{txt}{space 18}2011  {c |}{col 25}{res}{space 2} .4293635{col 37}{space 2} .0660777{col 48}{space 1}    6.50{col 57}{space 3}0.000{col 65}{space 4} .2987323{col 78}{space 3} .5599946
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} .4938947{col 37}{space 2} .0715645{col 48}{space 1}    6.90{col 57}{space 3}0.000{col 65}{space 4} .3524165{col 78}{space 3} .6353728
{txt}{space 18}2013  {c |}{col 25}{res}{space 2} .4244743{col 37}{space 2} .0693335{col 48}{space 1}    6.12{col 57}{space 3}0.000{col 65}{space 4} .2874068{col 78}{space 3} .5615417
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} .4629322{col 37}{space 2} .0738221{col 48}{space 1}    6.27{col 57}{space 3}0.000{col 65}{space 4} .3169909{col 78}{space 3} .6088735
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} .4962058{col 37}{space 2} .0681416{col 48}{space 1}    7.28{col 57}{space 3}0.000{col 65}{space 4} .3614945{col 78}{space 3} .6309171
{txt}{space 18}2016  {c |}{col 25}{res}{space 2} .4579357{col 37}{space 2} .0715257{col 48}{space 1}    6.40{col 57}{space 3}0.000{col 65}{space 4} .3165344{col 78}{space 3}  .599337
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} .3996907{col 37}{space 2} .0653375{col 48}{space 1}    6.12{col 57}{space 3}0.000{col 65}{space 4} .2705229{col 78}{space 3} .5288585
{txt}{space 18}2018  {c |}{col 25}{res}{space 2}  .434101{col 37}{space 2} .0713573{col 48}{space 1}    6.08{col 57}{space 3}0.000{col 65}{space 4} .2930324{col 78}{space 3} .5751695
{txt}{space 18}2019  {c |}{col 25}{res}{space 2}  .373935{col 37}{space 2} .0654249{col 48}{space 1}    5.72{col 57}{space 3}0.000{col 65}{space 4} .2445944{col 78}{space 3} .5032756
{txt}{space 18}2020  {c |}{col 25}{res}{space 2} .3885031{col 37}{space 2} .0666702{col 48}{space 1}    5.83{col 57}{space 3}0.000{col 65}{space 4} .2567007{col 78}{space 3} .5203055
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2} .1161512{col 37}{space 2} .0772807{col 48}{space 1}    1.50{col 57}{space 3}0.135{col 65}{space 4}-.0366275{col 78}{space 3} .2689299
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res} .16264118
                {txt}sigma_e {c |} {res} .29441095
                    {txt}rho {c |} {res} .23382094{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_secstate
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,712
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0922{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0045{col 63}{txt}avg{col 67}={col 69}{res}      40.2
{txt}     overall = {res}0.0530{col 63}{txt}max{col 67}={col 69}{res}        72

{txt}{col 49}F({res}78{txt},{res}141{txt}){col 67}={col 70}{res}     8.03
{txt}corr(u_i, Xb){col 16}= {res}-0.1995{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        bin_visit_secstate{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2} .0180693{col 40}{space 2} .0060034{col 51}{space 1}    3.01{col 60}{space 3}0.003{col 68}{space 4} .0062009{col 81}{space 3} .0299376
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2}-.0588545{col 40}{space 2} .0199907{col 51}{space 1}   -2.94{col 60}{space 3}0.004{col 68}{space 4}-.0983747{col 81}{space 3}-.0193343
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2} .0149096{col 40}{space 2} .0422379{col 51}{space 1}    0.35{col 60}{space 3}0.725{col 68}{space 4}-.0685919{col 81}{space 3} .0984111
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2} -.004084{col 40}{space 2} .0091601{col 51}{space 1}   -0.45{col 60}{space 3}0.656{col 68}{space 4} -.022193{col 81}{space 3}  .014025
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2}-.0992218{col 40}{space 2} .0726679{col 51}{space 1}   -1.37{col 60}{space 3}0.174{col 68}{space 4}-.2428812{col 81}{space 3} .0444377
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2}-.0165773{col 40}{space 2} .0176118{col 51}{space 1}   -0.94{col 60}{space 3}0.348{col 68}{space 4}-.0513947{col 81}{space 3}   .01824
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2}-.0322713{col 40}{space 2} .0138012{col 51}{space 1}   -2.34{col 60}{space 3}0.021{col 68}{space 4}-.0595553{col 81}{space 3}-.0049873
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2}-.0495232{col 40}{space 2} .0386599{col 51}{space 1}   -1.28{col 60}{space 3}0.202{col 68}{space 4} -.125951{col 81}{space 3} .0269047
{txt}{space 21}1950  {c |}{col 28}{res}{space 2}-.0436674{col 40}{space 2} .0390625{col 51}{space 1}   -1.12{col 60}{space 3}0.266{col 68}{space 4}-.1208913{col 81}{space 3} .0335566
{txt}{space 21}1951  {c |}{col 28}{res}{space 2}-.0482679{col 40}{space 2} .0392768{col 51}{space 1}   -1.23{col 60}{space 3}0.221{col 68}{space 4}-.1259154{col 81}{space 3} .0293795
{txt}{space 21}1952  {c |}{col 28}{res}{space 2}-.0054593{col 40}{space 2} .0465818{col 51}{space 1}   -0.12{col 60}{space 3}0.907{col 68}{space 4}-.0975484{col 81}{space 3} .0866298
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .1824738{col 40}{space 2} .0700181{col 51}{space 1}    2.61{col 60}{space 3}0.010{col 68}{space 4} .0440528{col 81}{space 3} .3208947
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0126034{col 40}{space 2} .0534566{col 51}{space 1}    0.24{col 60}{space 3}0.814{col 68}{space 4}-.0930766{col 81}{space 3} .1182834
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0530739{col 40}{space 2}  .061852{col 51}{space 1}    0.86{col 60}{space 3}0.392{col 68}{space 4}-.0692031{col 81}{space 3}  .175351
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .1355803{col 40}{space 2} .0610195{col 51}{space 1}    2.22{col 60}{space 3}0.028{col 68}{space 4}  .014949{col 81}{space 3} .2562116
{txt}{space 21}1957  {c |}{col 28}{res}{space 2}-.0278623{col 40}{space 2} .0426542{col 51}{space 1}   -0.65{col 60}{space 3}0.515{col 68}{space 4}-.1121868{col 81}{space 3} .0564622
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0616227{col 40}{space 2} .0611871{col 51}{space 1}    1.01{col 60}{space 3}0.316{col 68}{space 4}  -.05934{col 81}{space 3} .1825854
{txt}{space 21}1959  {c |}{col 28}{res}{space 2}-.0455991{col 40}{space 2} .0401343{col 51}{space 1}   -1.14{col 60}{space 3}0.258{col 68}{space 4}-.1249419{col 81}{space 3} .0337436
{txt}{space 21}1960  {c |}{col 28}{res}{space 2}  .088278{col 40}{space 2} .0561814{col 51}{space 1}    1.57{col 60}{space 3}0.118{col 68}{space 4}-.0227887{col 81}{space 3} .1993448
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0299039{col 40}{space 2} .0526392{col 51}{space 1}    0.57{col 60}{space 3}0.571{col 68}{space 4}-.0741602{col 81}{space 3}  .133968
{txt}{space 21}1962  {c |}{col 28}{res}{space 2}  .060321{col 40}{space 2} .0397068{col 51}{space 1}    1.52{col 60}{space 3}0.131{col 68}{space 4}-.0181767{col 81}{space 3} .1388187
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .1230337{col 40}{space 2} .0583029{col 51}{space 1}    2.11{col 60}{space 3}0.037{col 68}{space 4} .0077729{col 81}{space 3} .2382945
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .0706547{col 40}{space 2} .0486581{col 51}{space 1}    1.45{col 60}{space 3}0.149{col 68}{space 4} -.025539{col 81}{space 3} .1668484
{txt}{space 21}1966  {c |}{col 28}{res}{space 2}  .136507{col 40}{space 2} .0573483{col 51}{space 1}    2.38{col 60}{space 3}0.019{col 68}{space 4} .0231333{col 81}{space 3} .2498806
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .1022115{col 40}{space 2} .0519932{col 51}{space 1}    1.97{col 60}{space 3}0.051{col 68}{space 4}-.0005754{col 81}{space 3} .2049984
{txt}{space 21}1968  {c |}{col 28}{res}{space 2}  .135684{col 40}{space 2} .0538159{col 51}{space 1}    2.52{col 60}{space 3}0.013{col 68}{space 4} .0292937{col 81}{space 3} .2420743
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .1805951{col 40}{space 2} .0608081{col 51}{space 1}    2.97{col 60}{space 3}0.004{col 68}{space 4} .0603816{col 81}{space 3} .3008087
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .2577955{col 40}{space 2} .0605798{col 51}{space 1}    4.26{col 60}{space 3}0.000{col 68}{space 4} .1380333{col 81}{space 3} .3775576
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .1699225{col 40}{space 2} .0610744{col 51}{space 1}    2.78{col 60}{space 3}0.006{col 68}{space 4} .0491826{col 81}{space 3} .2906624
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .1715055{col 40}{space 2} .0496149{col 51}{space 1}    3.46{col 60}{space 3}0.001{col 68}{space 4} .0734203{col 81}{space 3} .2695908
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .3083861{col 40}{space 2} .0663143{col 51}{space 1}    4.65{col 60}{space 3}0.000{col 68}{space 4} .1772872{col 81}{space 3}  .439485
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .2838521{col 40}{space 2}  .068989{col 51}{space 1}    4.11{col 60}{space 3}0.000{col 68}{space 4} .1474655{col 81}{space 3} .4202387
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .2036908{col 40}{space 2} .0589455{col 51}{space 1}    3.46{col 60}{space 3}0.001{col 68}{space 4} .0871596{col 81}{space 3}  .320222
{txt}{space 21}1976  {c |}{col 28}{res}{space 2}  .302174{col 40}{space 2} .0637059{col 51}{space 1}    4.74{col 60}{space 3}0.000{col 68}{space 4} .1762317{col 81}{space 3} .4281163
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .2630862{col 40}{space 2} .0723518{col 51}{space 1}    3.64{col 60}{space 3}0.000{col 68}{space 4} .1200516{col 81}{space 3} .4061208
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .2574739{col 40}{space 2} .0698707{col 51}{space 1}    3.69{col 60}{space 3}0.000{col 68}{space 4} .1193443{col 81}{space 3} .3956034
{txt}{space 21}1979  {c |}{col 28}{res}{space 2}  .166574{col 40}{space 2} .0572933{col 51}{space 1}    2.91{col 60}{space 3}0.004{col 68}{space 4} .0533091{col 81}{space 3} .2798389
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .1512494{col 40}{space 2} .0547805{col 51}{space 1}    2.76{col 60}{space 3}0.007{col 68}{space 4} .0429521{col 81}{space 3} .2595468
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .2028676{col 40}{space 2} .0599749{col 51}{space 1}    3.38{col 60}{space 3}0.001{col 68}{space 4} .0843014{col 81}{space 3} .3214337
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .2427203{col 40}{space 2} .0617733{col 51}{space 1}    3.93{col 60}{space 3}0.000{col 68}{space 4} .1205988{col 81}{space 3} .3648418
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .2656911{col 40}{space 2} .0669856{col 51}{space 1}    3.97{col 60}{space 3}0.000{col 68}{space 4} .1332651{col 81}{space 3} .3981171
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .2422226{col 40}{space 2} .0606999{col 51}{space 1}    3.99{col 60}{space 3}0.000{col 68}{space 4}  .122223{col 81}{space 3} .3622222
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .2632354{col 40}{space 2} .0656604{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .1334294{col 81}{space 3} .3930414
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .2502079{col 40}{space 2} .0611271{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .1293637{col 81}{space 3}  .371052
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .2906502{col 40}{space 2} .0748161{col 51}{space 1}    3.88{col 60}{space 3}0.000{col 68}{space 4} .1427439{col 81}{space 3} .4385565
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} .3273013{col 40}{space 2} .0769478{col 51}{space 1}    4.25{col 60}{space 3}0.000{col 68}{space 4} .1751808{col 81}{space 3} .4794219
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .2564126{col 40}{space 2} .0716028{col 51}{space 1}    3.58{col 60}{space 3}0.000{col 68}{space 4} .1148588{col 81}{space 3} .3979665
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .3225872{col 40}{space 2}  .078199{col 51}{space 1}    4.13{col 60}{space 3}0.000{col 68}{space 4} .1679931{col 81}{space 3} .4771814
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .3834562{col 40}{space 2} .0788344{col 51}{space 1}    4.86{col 60}{space 3}0.000{col 68}{space 4}  .227606{col 81}{space 3} .5393063
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .3133283{col 40}{space 2}  .081237{col 51}{space 1}    3.86{col 60}{space 3}0.000{col 68}{space 4} .1527282{col 81}{space 3} .4739283
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .3192088{col 40}{space 2} .0813436{col 51}{space 1}    3.92{col 60}{space 3}0.000{col 68}{space 4} .1583981{col 81}{space 3} .4800195
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .3318836{col 40}{space 2} .0811196{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .1715157{col 81}{space 3} .4922516
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .3035298{col 40}{space 2}  .082505{col 51}{space 1}    3.68{col 60}{space 3}0.000{col 68}{space 4}  .140423{col 81}{space 3} .4666366
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .3567645{col 40}{space 2} .0834653{col 51}{space 1}    4.27{col 60}{space 3}0.000{col 68}{space 4} .1917593{col 81}{space 3} .5217697
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .4789095{col 40}{space 2} .0886034{col 51}{space 1}    5.41{col 60}{space 3}0.000{col 68}{space 4} .3037467{col 81}{space 3} .6540724
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .3516804{col 40}{space 2} .0829178{col 51}{space 1}    4.24{col 60}{space 3}0.000{col 68}{space 4} .1877577{col 81}{space 3} .5156031
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .3962856{col 40}{space 2} .0836972{col 51}{space 1}    4.73{col 60}{space 3}0.000{col 68}{space 4}  .230822{col 81}{space 3} .5617492
{txt}{space 21}2000  {c |}{col 28}{res}{space 2}  .372921{col 40}{space 2} .0792142{col 51}{space 1}    4.71{col 60}{space 3}0.000{col 68}{space 4} .2163199{col 81}{space 3} .5295221
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .3941432{col 40}{space 2} .0831121{col 51}{space 1}    4.74{col 60}{space 3}0.000{col 68}{space 4} .2298362{col 81}{space 3} .5584502
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .3976363{col 40}{space 2} .0779973{col 51}{space 1}    5.10{col 60}{space 3}0.000{col 68}{space 4}  .243441{col 81}{space 3} .5518315
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .4444745{col 40}{space 2} .0836584{col 51}{space 1}    5.31{col 60}{space 3}0.000{col 68}{space 4} .2790877{col 81}{space 3} .6098614
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .3719749{col 40}{space 2} .0840685{col 51}{space 1}    4.42{col 60}{space 3}0.000{col 68}{space 4} .2057772{col 81}{space 3} .5381726
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .4520121{col 40}{space 2} .0863941{col 51}{space 1}    5.23{col 60}{space 3}0.000{col 68}{space 4} .2812169{col 81}{space 3} .6228074
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .3694662{col 40}{space 2} .0836136{col 51}{space 1}    4.42{col 60}{space 3}0.000{col 68}{space 4}  .204168{col 81}{space 3} .5347645
{txt}{space 21}2007  {c |}{col 28}{res}{space 2}  .298126{col 40}{space 2} .0803399{col 51}{space 1}    3.71{col 60}{space 3}0.000{col 68}{space 4} .1392994{col 81}{space 3} .4569525
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .4801869{col 40}{space 2} .0843582{col 51}{space 1}    5.69{col 60}{space 3}0.000{col 68}{space 4} .3134164{col 81}{space 3} .6469573
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .4470366{col 40}{space 2} .0812537{col 51}{space 1}    5.50{col 60}{space 3}0.000{col 68}{space 4} .2864035{col 81}{space 3} .6076697
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .4606408{col 40}{space 2} .0822201{col 51}{space 1}    5.60{col 60}{space 3}0.000{col 68}{space 4} .2980974{col 81}{space 3} .6231843
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .4090788{col 40}{space 2} .0747405{col 51}{space 1}    5.47{col 60}{space 3}0.000{col 68}{space 4} .2613219{col 81}{space 3} .5568358
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .4505356{col 40}{space 2} .0830701{col 51}{space 1}    5.42{col 60}{space 3}0.000{col 68}{space 4} .2863118{col 81}{space 3} .6147594
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .3945164{col 40}{space 2} .0818168{col 51}{space 1}    4.82{col 60}{space 3}0.000{col 68}{space 4} .2327703{col 81}{space 3} .5562625
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .4382661{col 40}{space 2} .0817435{col 51}{space 1}    5.36{col 60}{space 3}0.000{col 68}{space 4} .2766648{col 81}{space 3} .5998674
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .4750052{col 40}{space 2} .0821881{col 51}{space 1}    5.78{col 60}{space 3}0.000{col 68}{space 4} .3125249{col 81}{space 3} .6374855
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .4329047{col 40}{space 2} .0843705{col 51}{space 1}    5.13{col 60}{space 3}0.000{col 68}{space 4} .2661101{col 81}{space 3} .5996993
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .3697951{col 40}{space 2} .0785783{col 51}{space 1}    4.71{col 60}{space 3}0.000{col 68}{space 4} .2144511{col 81}{space 3} .5251391
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .4046068{col 40}{space 2} .0788188{col 51}{space 1}    5.13{col 60}{space 3}0.000{col 68}{space 4} .2487875{col 81}{space 3} .5604261
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .3474589{col 40}{space 2} .0801384{col 51}{space 1}    4.34{col 60}{space 3}0.000{col 68}{space 4} .1890307{col 81}{space 3} .5058871
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .3443483{col 40}{space 2} .0748479{col 51}{space 1}    4.60{col 60}{space 3}0.000{col 68}{space 4}  .196379{col 81}{space 3} .4923175
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .1150426{col 40}{space 2} .0742399{col 51}{space 1}    1.55{col 60}{space 3}0.123{col 68}{space 4}-.0317246{col 81}{space 3} .2618098
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .16013283
                   {txt}sigma_e {c |} {res} .29500293
                       {txt}rho {c |} {res} .22759113{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_secstate
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,586
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0904{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0044{col 63}{txt}avg{col 67}={col 69}{res}      39.6
{txt}     overall = {res}0.0508{col 63}{txt}max{col 67}={col 69}{res}        71

{txt}{col 49}F({res}77{txt},{res}140{txt}){col 67}={col 70}{res}    13.20
{txt}corr(u_i, Xb){col 16}= {res}-0.1964{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        bin_visit_secstate{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2} .0162349{col 40}{space 2} .0057599{col 51}{space 1}    2.82{col 60}{space 3}0.006{col 68}{space 4} .0048472{col 81}{space 3} .0276226
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.0504676{col 40}{space 2} .0201176{col 51}{space 1}   -2.51{col 60}{space 3}0.013{col 68}{space 4}-.0902411{col 81}{space 3} -.010694
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2} .0383004{col 40}{space 2} .0688976{col 51}{space 1}    0.56{col 60}{space 3}0.579{col 68}{space 4} -.097914{col 81}{space 3} .1745147
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2}-.0046389{col 40}{space 2}    .0097{col 51}{space 1}   -0.48{col 60}{space 3}0.633{col 68}{space 4}-.0238163{col 81}{space 3} .0145385
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2}-.0827927{col 40}{space 2} .0746411{col 51}{space 1}   -1.11{col 60}{space 3}0.269{col 68}{space 4}-.2303622{col 81}{space 3} .0647767
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2}-.0243778{col 40}{space 2}  .017698{col 51}{space 1}   -1.38{col 60}{space 3}0.171{col 68}{space 4}-.0593677{col 81}{space 3} .0106122
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2} .0153199{col 40}{space 2}  .016145{col 51}{space 1}    0.95{col 60}{space 3}0.344{col 68}{space 4}-.0165996{col 81}{space 3} .0472395
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2}-.0015742{col 40}{space 2} .0110953{col 51}{space 1}   -0.14{col 60}{space 3}0.887{col 68}{space 4}-.0235102{col 81}{space 3} .0203618
{txt}{space 21}1951  {c |}{col 28}{res}{space 2}-.0004855{col 40}{space 2} .0105709{col 51}{space 1}   -0.05{col 60}{space 3}0.963{col 68}{space 4}-.0213847{col 81}{space 3} .0204137
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} .0302914{col 40}{space 2} .0256539{col 51}{space 1}    1.18{col 60}{space 3}0.240{col 68}{space 4}-.0204277{col 81}{space 3} .0810105
{txt}{space 21}1953  {c |}{col 28}{res}{space 2}  .215257{col 40}{space 2} .0633013{col 51}{space 1}    3.40{col 60}{space 3}0.001{col 68}{space 4}  .090107{col 81}{space 3} .3404071
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0806555{col 40}{space 2} .0367363{col 51}{space 1}    2.20{col 60}{space 3}0.030{col 68}{space 4} .0080259{col 81}{space 3} .1532851
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .1098496{col 40}{space 2} .0469081{col 51}{space 1}    2.34{col 60}{space 3}0.021{col 68}{space 4} .0171097{col 81}{space 3} .2025894
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .1826742{col 40}{space 2} .0581598{col 51}{space 1}    3.14{col 60}{space 3}0.002{col 68}{space 4} .0676891{col 81}{space 3} .2976592
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0416873{col 40}{space 2} .0217752{col 51}{space 1}    1.91{col 60}{space 3}0.058{col 68}{space 4}-.0013635{col 81}{space 3}  .084738
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0980674{col 40}{space 2} .0458861{col 51}{space 1}    2.14{col 60}{space 3}0.034{col 68}{space 4} .0073481{col 81}{space 3} .1887866
{txt}{space 21}1959  {c |}{col 28}{res}{space 2}-.0007772{col 40}{space 2} .0188213{col 51}{space 1}   -0.04{col 60}{space 3}0.967{col 68}{space 4} -.037988{col 81}{space 3} .0364336
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .1142974{col 40}{space 2} .0489906{col 51}{space 1}    2.33{col 60}{space 3}0.021{col 68}{space 4} .0174403{col 81}{space 3} .2111545
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0805133{col 40}{space 2} .0338236{col 51}{space 1}    2.38{col 60}{space 3}0.019{col 68}{space 4} .0136422{col 81}{space 3} .1473844
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0605011{col 40}{space 2} .0307542{col 51}{space 1}    1.97{col 60}{space 3}0.051{col 68}{space 4}-.0003015{col 81}{space 3} .1213038
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .1484255{col 40}{space 2} .0389496{col 51}{space 1}    3.81{col 60}{space 3}0.000{col 68}{space 4} .0714199{col 81}{space 3}  .225431
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .1316153{col 40}{space 2} .0321938{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .0679664{col 81}{space 3} .1952642
{txt}{space 21}1965  {c |}{col 28}{res}{space 2} .1410513{col 40}{space 2} .0320764{col 51}{space 1}    4.40{col 60}{space 3}0.000{col 68}{space 4} .0776345{col 81}{space 3} .2044681
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .1329615{col 40}{space 2} .0329799{col 51}{space 1}    4.03{col 60}{space 3}0.000{col 68}{space 4} .0677584{col 81}{space 3} .1981646
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .1575792{col 40}{space 2} .0341137{col 51}{space 1}    4.62{col 60}{space 3}0.000{col 68}{space 4} .0901346{col 81}{space 3} .2250239
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .2308337{col 40}{space 2} .0478477{col 51}{space 1}    4.82{col 60}{space 3}0.000{col 68}{space 4} .1362363{col 81}{space 3} .3254312
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .3125425{col 40}{space 2} .0469563{col 51}{space 1}    6.66{col 60}{space 3}0.000{col 68}{space 4} .2197073{col 81}{space 3} .4053777
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .2096822{col 40}{space 2} .0460139{col 51}{space 1}    4.56{col 60}{space 3}0.000{col 68}{space 4} .1187103{col 81}{space 3} .3006541
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .2379346{col 40}{space 2} .0444801{col 51}{space 1}    5.35{col 60}{space 3}0.000{col 68}{space 4}  .149995{col 81}{space 3} .3258742
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .3340638{col 40}{space 2} .0525399{col 51}{space 1}    6.36{col 60}{space 3}0.000{col 68}{space 4} .2301895{col 81}{space 3}  .437938
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .3256476{col 40}{space 2} .0549641{col 51}{space 1}    5.92{col 60}{space 3}0.000{col 68}{space 4} .2169806{col 81}{space 3} .4343146
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .2535675{col 40}{space 2} .0454684{col 51}{space 1}    5.58{col 60}{space 3}0.000{col 68}{space 4}  .163674{col 81}{space 3}  .343461
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} .3408902{col 40}{space 2} .0527261{col 51}{space 1}    6.47{col 60}{space 3}0.000{col 68}{space 4} .2366478{col 81}{space 3} .4451326
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .2792544{col 40}{space 2} .0543547{col 51}{space 1}    5.14{col 60}{space 3}0.000{col 68}{space 4} .1717923{col 81}{space 3} .3867165
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .3276731{col 40}{space 2} .0635457{col 51}{space 1}    5.16{col 60}{space 3}0.000{col 68}{space 4} .2020398{col 81}{space 3} .4533064
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .2137364{col 40}{space 2} .0425823{col 51}{space 1}    5.02{col 60}{space 3}0.000{col 68}{space 4}  .129549{col 81}{space 3} .2979238
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .1886933{col 40}{space 2} .0394316{col 51}{space 1}    4.79{col 60}{space 3}0.000{col 68}{space 4}  .110735{col 81}{space 3} .2666517
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .2340648{col 40}{space 2} .0441904{col 51}{space 1}    5.30{col 60}{space 3}0.000{col 68}{space 4} .1466979{col 81}{space 3} .3214316
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .2643445{col 40}{space 2} .0484814{col 51}{space 1}    5.45{col 60}{space 3}0.000{col 68}{space 4} .1684941{col 81}{space 3} .3601949
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .3090105{col 40}{space 2} .0553667{col 51}{space 1}    5.58{col 60}{space 3}0.000{col 68}{space 4} .1995475{col 81}{space 3} .4184735
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .2805948{col 40}{space 2} .0470154{col 51}{space 1}    5.97{col 60}{space 3}0.000{col 68}{space 4} .1876428{col 81}{space 3} .3735468
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .2923402{col 40}{space 2} .0542091{col 51}{space 1}    5.39{col 60}{space 3}0.000{col 68}{space 4}  .185166{col 81}{space 3} .3995144
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .2932527{col 40}{space 2} .0510053{col 51}{space 1}    5.75{col 60}{space 3}0.000{col 68}{space 4} .1924124{col 81}{space 3}  .394093
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .3236386{col 40}{space 2} .0610165{col 51}{space 1}    5.30{col 60}{space 3}0.000{col 68}{space 4} .2030056{col 81}{space 3} .4442715
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} .3550332{col 40}{space 2} .0633958{col 51}{space 1}    5.60{col 60}{space 3}0.000{col 68}{space 4} .2296963{col 81}{space 3}   .48037
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .2942462{col 40}{space 2} .0604119{col 51}{space 1}    4.87{col 60}{space 3}0.000{col 68}{space 4} .1748086{col 81}{space 3} .4136838
{txt}{space 21}1990  {c |}{col 28}{res}{space 2}  .355277{col 40}{space 2} .0689477{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4} .2189638{col 81}{space 3} .4915903
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .4146998{col 40}{space 2} .0705648{col 51}{space 1}    5.88{col 60}{space 3}0.000{col 68}{space 4} .2751893{col 81}{space 3} .5542102
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .3417002{col 40}{space 2} .0704321{col 51}{space 1}    4.85{col 60}{space 3}0.000{col 68}{space 4} .2024522{col 81}{space 3} .4809483
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .3539839{col 40}{space 2} .0727516{col 51}{space 1}    4.87{col 60}{space 3}0.000{col 68}{space 4} .2101502{col 81}{space 3} .4978177
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .3685533{col 40}{space 2} .0716479{col 51}{space 1}    5.14{col 60}{space 3}0.000{col 68}{space 4} .2269016{col 81}{space 3} .5102051
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .3279855{col 40}{space 2} .0701501{col 51}{space 1}    4.68{col 60}{space 3}0.000{col 68}{space 4} .1892951{col 81}{space 3}  .466676
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .3825861{col 40}{space 2} .0721038{col 51}{space 1}    5.31{col 60}{space 3}0.000{col 68}{space 4} .2400329{col 81}{space 3} .5251393
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .5081782{col 40}{space 2} .0795144{col 51}{space 1}    6.39{col 60}{space 3}0.000{col 68}{space 4}  .350974{col 81}{space 3} .6653823
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .3894819{col 40}{space 2}  .074244{col 51}{space 1}    5.25{col 60}{space 3}0.000{col 68}{space 4} .2426975{col 81}{space 3} .5362662
{txt}{space 21}1999  {c |}{col 28}{res}{space 2}  .443344{col 40}{space 2}  .077707{col 51}{space 1}    5.71{col 60}{space 3}0.000{col 68}{space 4} .2897131{col 81}{space 3} .5969748
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .4274762{col 40}{space 2} .0706806{col 51}{space 1}    6.05{col 60}{space 3}0.000{col 68}{space 4} .2877367{col 81}{space 3} .5672156
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .4273694{col 40}{space 2} .0734412{col 51}{space 1}    5.82{col 60}{space 3}0.000{col 68}{space 4} .2821721{col 81}{space 3} .5725666
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .4307918{col 40}{space 2} .0693793{col 51}{space 1}    6.21{col 60}{space 3}0.000{col 68}{space 4} .2936251{col 81}{space 3} .5679585
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .4932176{col 40}{space 2} .0754179{col 51}{space 1}    6.54{col 60}{space 3}0.000{col 68}{space 4} .3441123{col 81}{space 3} .6423228
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .3984514{col 40}{space 2} .0730058{col 51}{space 1}    5.46{col 60}{space 3}0.000{col 68}{space 4}  .254115{col 81}{space 3} .5427878
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .4873843{col 40}{space 2} .0785485{col 51}{space 1}    6.20{col 60}{space 3}0.000{col 68}{space 4} .3320896{col 81}{space 3}  .642679
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .4027772{col 40}{space 2} .0737359{col 51}{space 1}    5.46{col 60}{space 3}0.000{col 68}{space 4} .2569974{col 81}{space 3} .5485571
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .3413926{col 40}{space 2} .0744217{col 51}{space 1}    4.59{col 60}{space 3}0.000{col 68}{space 4} .1942569{col 81}{space 3} .4885283
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .5187347{col 40}{space 2}  .077552{col 51}{space 1}    6.69{col 60}{space 3}0.000{col 68}{space 4} .3654103{col 81}{space 3} .6720592
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .4773836{col 40}{space 2}  .069929{col 51}{space 1}    6.83{col 60}{space 3}0.000{col 68}{space 4} .3391303{col 81}{space 3} .6156369
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .5104085{col 40}{space 2} .0763804{col 51}{space 1}    6.68{col 60}{space 3}0.000{col 68}{space 4} .3594004{col 81}{space 3} .6614166
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .4477732{col 40}{space 2} .0649219{col 51}{space 1}    6.90{col 60}{space 3}0.000{col 68}{space 4} .3194192{col 81}{space 3} .5761272
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .4960884{col 40}{space 2} .0751865{col 51}{space 1}    6.60{col 60}{space 3}0.000{col 68}{space 4} .3474406{col 81}{space 3} .6447362
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .4249849{col 40}{space 2} .0727951{col 51}{space 1}    5.84{col 60}{space 3}0.000{col 68}{space 4} .2810652{col 81}{space 3} .5689047
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .4715831{col 40}{space 2} .0723358{col 51}{space 1}    6.52{col 60}{space 3}0.000{col 68}{space 4} .3285713{col 81}{space 3} .6145949
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .5138707{col 40}{space 2} .0724388{col 51}{space 1}    7.09{col 60}{space 3}0.000{col 68}{space 4} .3706552{col 81}{space 3} .6570861
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .4763647{col 40}{space 2}  .078609{col 51}{space 1}    6.06{col 60}{space 3}0.000{col 68}{space 4} .3209505{col 81}{space 3} .6317788
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .4095857{col 40}{space 2} .0705855{col 51}{space 1}    5.80{col 60}{space 3}0.000{col 68}{space 4} .2700342{col 81}{space 3} .5491371
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .4461482{col 40}{space 2} .0695031{col 51}{space 1}    6.42{col 60}{space 3}0.000{col 68}{space 4}  .308737{col 81}{space 3} .5835595
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .3930576{col 40}{space 2}   .07092{col 51}{space 1}    5.54{col 60}{space 3}0.000{col 68}{space 4} .2528449{col 81}{space 3} .5332702
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .3902795{col 40}{space 2} .0666788{col 51}{space 1}    5.85{col 60}{space 3}0.000{col 68}{space 4} .2584518{col 81}{space 3} .5221071
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0437969{col 40}{space 2} .0662987{col 51}{space 1}    0.66{col 60}{space 3}0.510{col 68}{space 4}-.0872792{col 81}{space 3} .1748731
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .16443302
                   {txt}sigma_e {c |} {res} .29689278
                       {txt}rho {c |} {res} .23474028{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_president
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,836
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0547{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0017{col 63}{txt}avg{col 67}={col 69}{res}      41.1
{txt}     overall = {res}0.0291{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}     3.46
{txt}corr(u_i, Xb){col 16}= {res}-0.2343{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}    bin_visit_president{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2} .0012045{col 37}{space 2} .0033838{col 48}{space 1}    0.36{col 57}{space 3}0.722{col 65}{space 4}-.0054851{col 78}{space 3} .0078941
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2}-.0312048{col 37}{space 2} .0134456{col 48}{space 1}   -2.32{col 57}{space 3}0.022{col 65}{space 4}-.0577858{col 78}{space 3}-.0046238
{txt}{space 13}tournament {c |}{col 25}{res}{space 2} .0172136{col 37}{space 2}  .043552{col 48}{space 1}    0.40{col 57}{space 3}0.693{col 65}{space 4}-.0688857{col 78}{space 3} .1033129
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2}-.0025955{col 37}{space 2} .0039613{col 48}{space 1}   -0.66{col 57}{space 3}0.513{col 65}{space 4}-.0104267{col 78}{space 3} .0052357
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2}-.0033784{col 37}{space 2} .0277691{col 48}{space 1}   -0.12{col 57}{space 3}0.903{col 65}{space 4}-.0582759{col 78}{space 3} .0515191
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2}-.0077292{col 37}{space 2} .0097695{col 48}{space 1}   -0.79{col 57}{space 3}0.430{col 65}{space 4}-.0270429{col 78}{space 3} .0115846
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2} .0006166{col 37}{space 2} .0096925{col 48}{space 1}    0.06{col 57}{space 3}0.949{col 65}{space 4}-.0185448{col 78}{space 3}  .019778
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2}-.0492571{col 37}{space 2} .0362668{col 48}{space 1}   -1.36{col 57}{space 3}0.177{col 65}{space 4}-.1209541{col 78}{space 3} .0224399
{txt}{space 18}1949  {c |}{col 25}{res}{space 2}-.0475405{col 37}{space 2} .0362374{col 48}{space 1}   -1.31{col 57}{space 3}0.192{col 65}{space 4}-.1191794{col 78}{space 3} .0240983
{txt}{space 18}1950  {c |}{col 25}{res}{space 2}-.0503053{col 37}{space 2} .0372621{col 48}{space 1}   -1.35{col 57}{space 3}0.179{col 65}{space 4}-.1239699{col 78}{space 3} .0233594
{txt}{space 18}1951  {c |}{col 25}{res}{space 2}-.0425528{col 37}{space 2} .0363292{col 48}{space 1}   -1.17{col 57}{space 3}0.243{col 65}{space 4}-.1143733{col 78}{space 3} .0292676
{txt}{space 18}1952  {c |}{col 25}{res}{space 2}-.0329043{col 37}{space 2} .0379061{col 48}{space 1}   -0.87{col 57}{space 3}0.387{col 65}{space 4}-.1078421{col 78}{space 3} .0420335
{txt}{space 18}1953  {c |}{col 25}{res}{space 2}-.0204856{col 37}{space 2} .0266212{col 48}{space 1}   -0.77{col 57}{space 3}0.443{col 65}{space 4}-.0731138{col 78}{space 3} .0321427
{txt}{space 18}1954  {c |}{col 25}{res}{space 2}-.0499324{col 37}{space 2} .0371415{col 48}{space 1}   -1.34{col 57}{space 3}0.181{col 65}{space 4}-.1233586{col 78}{space 3} .0234939
{txt}{space 18}1955  {c |}{col 25}{res}{space 2}-.0337557{col 37}{space 2} .0370655{col 48}{space 1}   -0.91{col 57}{space 3}0.364{col 65}{space 4}-.1070318{col 78}{space 3} .0395203
{txt}{space 18}1956  {c |}{col 25}{res}{space 2}-.0329827{col 37}{space 2} .0408787{col 48}{space 1}   -0.81{col 57}{space 3}0.421{col 65}{space 4} -.113797{col 78}{space 3} .0478316
{txt}{space 18}1957  {c |}{col 25}{res}{space 2}-.0481343{col 37}{space 2} .0348553{col 48}{space 1}   -1.38{col 57}{space 3}0.169{col 65}{space 4}-.1170408{col 78}{space 3} .0207722
{txt}{space 18}1958  {c |}{col 25}{res}{space 2}-.0481852{col 37}{space 2} .0348467{col 48}{space 1}   -1.38{col 57}{space 3}0.169{col 65}{space 4}-.1170747{col 78}{space 3} .0207044
{txt}{space 18}1959  {c |}{col 25}{res}{space 2} .1274526{col 37}{space 2} .0559951{col 48}{space 1}    2.28{col 57}{space 3}0.024{col 65}{space 4}  .016754{col 78}{space 3} .2381511
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} .0538137{col 37}{space 2} .0324308{col 48}{space 1}    1.66{col 57}{space 3}0.099{col 65}{space 4}-.0102998{col 78}{space 3} .1179273
{txt}{space 18}1961  {c |}{col 25}{res}{space 2}-.0034989{col 37}{space 2} .0379256{col 48}{space 1}   -0.09{col 57}{space 3}0.927{col 65}{space 4}-.0784751{col 78}{space 3} .0714774
{txt}{space 18}1962  {c |}{col 25}{res}{space 2} .0078599{col 37}{space 2} .0313816{col 48}{space 1}    0.25{col 57}{space 3}0.803{col 65}{space 4}-.0541793{col 78}{space 3} .0698991
{txt}{space 18}1963  {c |}{col 25}{res}{space 2} -.012795{col 37}{space 2} .0357435{col 48}{space 1}   -0.36{col 57}{space 3}0.721{col 65}{space 4}-.0834574{col 78}{space 3} .0578675
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} .0027546{col 37}{space 2} .0372103{col 48}{space 1}    0.07{col 57}{space 3}0.941{col 65}{space 4}-.0708077{col 78}{space 3} .0763169
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} .0524885{col 37}{space 2}  .040003{col 48}{space 1}    1.31{col 57}{space 3}0.192{col 65}{space 4}-.0265947{col 78}{space 3} .1315717
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} .0508697{col 37}{space 2} .0387493{col 48}{space 1}    1.31{col 57}{space 3}0.191{col 65}{space 4} -.025735{col 78}{space 3} .1274743
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} .0553671{col 37}{space 2} .0445226{col 48}{space 1}    1.24{col 57}{space 3}0.216{col 65}{space 4}-.0326511{col 78}{space 3} .1433852
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} .0701271{col 37}{space 2}  .040062{col 48}{space 1}    1.75{col 57}{space 3}0.082{col 65}{space 4}-.0090727{col 78}{space 3} .1493268
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} .0385292{col 37}{space 2}  .035585{col 48}{space 1}    1.08{col 57}{space 3}0.281{col 65}{space 4}-.0318198{col 78}{space 3} .1088782
{txt}{space 18}1971  {c |}{col 25}{res}{space 2} .0006243{col 37}{space 2} .0354088{col 48}{space 1}    0.02{col 57}{space 3}0.986{col 65}{space 4}-.0693765{col 78}{space 3} .0706251
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} .0445588{col 37}{space 2} .0456714{col 48}{space 1}    0.98{col 57}{space 3}0.331{col 65}{space 4}-.0457304{col 78}{space 3}  .134848
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} .0063339{col 37}{space 2}  .037266{col 48}{space 1}    0.17{col 57}{space 3}0.865{col 65}{space 4}-.0673384{col 78}{space 3} .0800063
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} .0740333{col 37}{space 2} .0455207{col 48}{space 1}    1.63{col 57}{space 3}0.106{col 65}{space 4} -.015958{col 78}{space 3} .1640246
{txt}{space 18}1975  {c |}{col 25}{res}{space 2} .0816639{col 37}{space 2} .0456324{col 48}{space 1}    1.79{col 57}{space 3}0.076{col 65}{space 4}-.0085483{col 78}{space 3} .1718762
{txt}{space 18}1976  {c |}{col 25}{res}{space 2}  .029242{col 37}{space 2} .0407953{col 48}{space 1}    0.72{col 57}{space 3}0.475{col 65}{space 4}-.0514075{col 78}{space 3} .1098916
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} .0223314{col 37}{space 2} .0389133{col 48}{space 1}    0.57{col 57}{space 3}0.567{col 65}{space 4}-.0545977{col 78}{space 3} .0992604
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} .0795677{col 37}{space 2} .0419801{col 48}{space 1}    1.90{col 57}{space 3}0.060{col 65}{space 4}-.0034241{col 78}{space 3} .1625596
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} .0357984{col 37}{space 2} .0360585{col 48}{space 1}    0.99{col 57}{space 3}0.323{col 65}{space 4}-.0354869{col 78}{space 3} .1070836
{txt}{space 18}1980  {c |}{col 25}{res}{space 2}  .032064{col 37}{space 2} .0388203{col 48}{space 1}    0.83{col 57}{space 3}0.410{col 65}{space 4} -.044681{col 78}{space 3}  .108809
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} .0408122{col 37}{space 2} .0374913{col 48}{space 1}    1.09{col 57}{space 3}0.278{col 65}{space 4}-.0333056{col 78}{space 3} .1149299
{txt}{space 18}1982  {c |}{col 25}{res}{space 2} .0761773{col 37}{space 2} .0345737{col 48}{space 1}    2.20{col 57}{space 3}0.029{col 65}{space 4} .0078274{col 78}{space 3} .1445271
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} .0391102{col 37}{space 2} .0366516{col 48}{space 1}    1.07{col 57}{space 3}0.288{col 65}{space 4}-.0333474{col 78}{space 3} .1115679
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} .0471181{col 37}{space 2}   .04295{col 48}{space 1}    1.10{col 57}{space 3}0.274{col 65}{space 4}-.0377912{col 78}{space 3} .1320274
{txt}{space 18}1985  {c |}{col 25}{res}{space 2} .0373424{col 37}{space 2} .0415439{col 48}{space 1}    0.90{col 57}{space 3}0.370{col 65}{space 4}-.0447871{col 78}{space 3} .1194719
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} .0602139{col 37}{space 2} .0404621{col 48}{space 1}    1.49{col 57}{space 3}0.139{col 65}{space 4}-.0197769{col 78}{space 3} .1402047
{txt}{space 18}1987  {c |}{col 25}{res}{space 2} .0459514{col 37}{space 2} .0433564{col 48}{space 1}    1.06{col 57}{space 3}0.291{col 65}{space 4}-.0397612{col 78}{space 3} .1316641
{txt}{space 18}1988  {c |}{col 25}{res}{space 2} .0655553{col 37}{space 2} .0462469{col 48}{space 1}    1.42{col 57}{space 3}0.159{col 65}{space 4}-.0258717{col 78}{space 3} .1569823
{txt}{space 18}1989  {c |}{col 25}{res}{space 2} .0790597{col 37}{space 2} .0471894{col 48}{space 1}    1.68{col 57}{space 3}0.096{col 65}{space 4}-.0142304{col 78}{space 3} .1723499
{txt}{space 18}1990  {c |}{col 25}{res}{space 2} .1002623{col 37}{space 2} .0481562{col 48}{space 1}    2.08{col 57}{space 3}0.039{col 65}{space 4} .0050607{col 78}{space 3} .1954639
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} .0662991{col 37}{space 2} .0520844{col 48}{space 1}    1.27{col 57}{space 3}0.205{col 65}{space 4}-.0366682{col 78}{space 3} .1692664
{txt}{space 18}1992  {c |}{col 25}{res}{space 2} .0809615{col 37}{space 2}  .050795{col 48}{space 1}    1.59{col 57}{space 3}0.113{col 65}{space 4}-.0194568{col 78}{space 3} .1813797
{txt}{space 18}1993  {c |}{col 25}{res}{space 2} .0626725{col 37}{space 2} .0515105{col 48}{space 1}    1.22{col 57}{space 3}0.226{col 65}{space 4}-.0391602{col 78}{space 3} .1645052
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} .1375423{col 37}{space 2} .0625892{col 48}{space 1}    2.20{col 57}{space 3}0.030{col 65}{space 4} .0138078{col 78}{space 3} .2612769
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} .0813467{col 37}{space 2} .0552459{col 48}{space 1}    1.47{col 57}{space 3}0.143{col 65}{space 4}-.0278707{col 78}{space 3} .1905641
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} .1226127{col 37}{space 2} .0590933{col 48}{space 1}    2.07{col 57}{space 3}0.040{col 65}{space 4} .0057892{col 78}{space 3} .2394361
{txt}{space 18}1997  {c |}{col 25}{res}{space 2}  .061509{col 37}{space 2} .0435442{col 48}{space 1}    1.41{col 57}{space 3}0.160{col 65}{space 4} -.024575{col 78}{space 3} .1475929
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} .1077768{col 37}{space 2} .0537962{col 48}{space 1}    2.00{col 57}{space 3}0.047{col 65}{space 4} .0014254{col 78}{space 3} .2141282
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} .0938961{col 37}{space 2} .0461752{col 48}{space 1}    2.03{col 57}{space 3}0.044{col 65}{space 4} .0026108{col 78}{space 3} .1851814
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} .1587479{col 37}{space 2} .0599824{col 48}{space 1}    2.65{col 57}{space 3}0.009{col 65}{space 4} .0401668{col 78}{space 3} .2773291
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} .0697935{col 37}{space 2} .0428655{col 48}{space 1}    1.63{col 57}{space 3}0.106{col 65}{space 4}-.0149486{col 78}{space 3} .1545356
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} .0861601{col 37}{space 2} .0512058{col 48}{space 1}    1.68{col 57}{space 3}0.095{col 65}{space 4}-.0150702{col 78}{space 3} .1873904
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} .1557122{col 37}{space 2} .0618195{col 48}{space 1}    2.52{col 57}{space 3}0.013{col 65}{space 4} .0334993{col 78}{space 3} .2779252
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} .0585066{col 37}{space 2} .0424488{col 48}{space 1}    1.38{col 57}{space 3}0.170{col 65}{space 4}-.0254118{col 78}{space 3} .1424251
{txt}{space 18}2005  {c |}{col 25}{res}{space 2} .0876393{col 37}{space 2} .0534457{col 48}{space 1}    1.64{col 57}{space 3}0.103{col 65}{space 4}-.0180192{col 78}{space 3} .1932978
{txt}{space 18}2006  {c |}{col 25}{res}{space 2} .1457155{col 37}{space 2} .0582286{col 48}{space 1}    2.50{col 57}{space 3}0.013{col 65}{space 4} .0306016{col 78}{space 3} .2608293
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} .0700617{col 37}{space 2}  .044901{col 48}{space 1}    1.56{col 57}{space 3}0.121{col 65}{space 4}-.0187044{col 78}{space 3} .1588278
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} .2076788{col 37}{space 2} .0660748{col 48}{space 1}    3.14{col 57}{space 3}0.002{col 65}{space 4} .0770535{col 78}{space 3} .3383041
{txt}{space 18}2009  {c |}{col 25}{res}{space 2} .1269908{col 37}{space 2} .0579283{col 48}{space 1}    2.19{col 57}{space 3}0.030{col 65}{space 4} .0124706{col 78}{space 3} .2415111
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} .0641641{col 37}{space 2} .0420982{col 48}{space 1}    1.52{col 57}{space 3}0.130{col 65}{space 4}-.0190612{col 78}{space 3} .1473893
{txt}{space 18}2011  {c |}{col 25}{res}{space 2}  .048089{col 37}{space 2} .0401752{col 48}{space 1}    1.20{col 57}{space 3}0.233{col 65}{space 4}-.0313347{col 78}{space 3} .1275127
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} .0908889{col 37}{space 2} .0458053{col 48}{space 1}    1.98{col 57}{space 3}0.049{col 65}{space 4} .0003349{col 78}{space 3} .1814429
{txt}{space 18}2013  {c |}{col 25}{res}{space 2} .0920308{col 37}{space 2} .0520767{col 48}{space 1}    1.77{col 57}{space 3}0.079{col 65}{space 4}-.0109213{col 78}{space 3} .1949829
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} .1157787{col 37}{space 2} .0521745{col 48}{space 1}    2.22{col 57}{space 3}0.028{col 65}{space 4} .0126333{col 78}{space 3}  .218924
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} .1011719{col 37}{space 2} .0494654{col 48}{space 1}    2.05{col 57}{space 3}0.043{col 65}{space 4} .0033823{col 78}{space 3} .1989616
{txt}{space 18}2016  {c |}{col 25}{res}{space 2}   .11317{col 37}{space 2}  .050332{col 48}{space 1}    2.25{col 57}{space 3}0.026{col 65}{space 4}  .013667{col 78}{space 3}  .212673
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} .0885319{col 37}{space 2} .0469728{col 48}{space 1}    1.88{col 57}{space 3}0.062{col 65}{space 4}-.0043302{col 78}{space 3} .1813939
{txt}{space 18}2018  {c |}{col 25}{res}{space 2} .0585476{col 37}{space 2}  .041465{col 48}{space 1}    1.41{col 57}{space 3}0.160{col 65}{space 4}-.0234258{col 78}{space 3} .1405211
{txt}{space 18}2019  {c |}{col 25}{res}{space 2}   .06735{col 37}{space 2}  .043192{col 48}{space 1}    1.56{col 57}{space 3}0.121{col 65}{space 4}-.0180377{col 78}{space 3} .1527377
{txt}{space 18}2020  {c |}{col 25}{res}{space 2}  .059833{col 37}{space 2} .0407882{col 48}{space 1}    1.47{col 57}{space 3}0.145{col 65}{space 4}-.0208024{col 78}{space 3} .1404684
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2} .0816896{col 37}{space 2} .0382633{col 48}{space 1}    2.13{col 57}{space 3}0.034{col 65}{space 4} .0060456{col 78}{space 3} .1573336
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res} .06498708
                {txt}sigma_e {c |} {res} .16567548
                    {txt}rho {c |} {res}  .1333469{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr                     
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_president
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,712
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0560{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0014{col 63}{txt}avg{col 67}={col 69}{res}      40.2
{txt}     overall = {res}0.0266{col 63}{txt}max{col 67}={col 69}{res}        72

{txt}{col 49}F({res}78{txt},{res}141{txt}){col 67}={col 70}{res}     4.48
{txt}corr(u_i, Xb){col 16}= {res}-0.2661{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}       bin_visit_president{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2}  .002293{col 40}{space 2} .0028396{col 51}{space 1}    0.81{col 60}{space 3}0.421{col 68}{space 4}-.0033206{col 81}{space 3} .0079067
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2} -.031392{col 40}{space 2} .0135828{col 51}{space 1}   -2.31{col 60}{space 3}0.022{col 68}{space 4}-.0582443{col 81}{space 3}-.0045398
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2}-.0297747{col 40}{space 2} .0345716{col 51}{space 1}   -0.86{col 60}{space 3}0.391{col 68}{space 4}-.0981204{col 81}{space 3} .0385709
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2}-.0052946{col 40}{space 2} .0035467{col 51}{space 1}   -1.49{col 60}{space 3}0.138{col 68}{space 4}-.0123063{col 81}{space 3}  .001717
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2}-.0010644{col 40}{space 2} .0272323{col 51}{space 1}   -0.04{col 60}{space 3}0.969{col 68}{space 4}-.0549009{col 81}{space 3} .0527721
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2}-.0006018{col 40}{space 2} .0083769{col 51}{space 1}   -0.07{col 60}{space 3}0.943{col 68}{space 4}-.0171624{col 81}{space 3} .0159588
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2}-.0150541{col 40}{space 2} .0051072{col 51}{space 1}   -2.95{col 60}{space 3}0.004{col 68}{space 4}-.0251506{col 81}{space 3}-.0049575
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2} .0028114{col 40}{space 2} .0037894{col 51}{space 1}    0.74{col 60}{space 3}0.459{col 68}{space 4}-.0046799{col 81}{space 3} .0103027
{txt}{space 21}1950  {c |}{col 28}{res}{space 2} .0072447{col 40}{space 2} .0046682{col 51}{space 1}    1.55{col 60}{space 3}0.123{col 68}{space 4}-.0019841{col 81}{space 3} .0164735
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .0046063{col 40}{space 2} .0051904{col 51}{space 1}    0.89{col 60}{space 3}0.376{col 68}{space 4}-.0056547{col 81}{space 3} .0148674
{txt}{space 21}1952  {c |}{col 28}{res}{space 2}  .011725{col 40}{space 2} .0062818{col 51}{space 1}    1.87{col 60}{space 3}0.064{col 68}{space 4}-.0006937{col 81}{space 3} .0241436
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .0463249{col 40}{space 2} .0275821{col 51}{space 1}    1.68{col 60}{space 3}0.095{col 68}{space 4}-.0082031{col 81}{space 3} .1008528
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0087062{col 40}{space 2} .0057688{col 51}{space 1}    1.51{col 60}{space 3}0.133{col 68}{space 4}-.0026983{col 81}{space 3} .0201107
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0043395{col 40}{space 2} .0044245{col 51}{space 1}    0.98{col 60}{space 3}0.328{col 68}{space 4}-.0044075{col 81}{space 3} .0130865
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .0433691{col 40}{space 2} .0247313{col 51}{space 1}    1.75{col 60}{space 3}0.082{col 68}{space 4} -.005523{col 81}{space 3} .0922612
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0009076{col 40}{space 2} .0071032{col 51}{space 1}    0.13{col 60}{space 3}0.899{col 68}{space 4}-.0131349{col 81}{space 3}   .01495
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0054117{col 40}{space 2} .0072052{col 51}{space 1}    0.75{col 60}{space 3}0.454{col 68}{space 4}-.0088326{col 81}{space 3} .0196559
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} .1730585{col 40}{space 2} .0522008{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0698612{col 81}{space 3} .2762558
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .1094781{col 40}{space 2} .0403974{col 51}{space 1}    2.71{col 60}{space 3}0.008{col 68}{space 4} .0296152{col 81}{space 3}  .189341
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0355421{col 40}{space 2} .0196753{col 51}{space 1}    1.81{col 60}{space 3}0.073{col 68}{space 4}-.0033545{col 81}{space 3} .0744388
{txt}{space 21}1962  {c |}{col 28}{res}{space 2}  .050676{col 40}{space 2} .0208396{col 51}{space 1}    2.43{col 60}{space 3}0.016{col 68}{space 4} .0094775{col 81}{space 3} .0918744
{txt}{space 21}1963  {c |}{col 28}{res}{space 2}   .04976{col 40}{space 2} .0161189{col 51}{space 1}    3.09{col 60}{space 3}0.002{col 68}{space 4}  .017894{col 81}{space 3}  .081626
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .0435231{col 40}{space 2} .0131598{col 51}{space 1}    3.31{col 60}{space 3}0.001{col 68}{space 4}  .017507{col 81}{space 3} .0695391
{txt}{space 21}1966  {c |}{col 28}{res}{space 2} .1057221{col 40}{space 2} .0313896{col 51}{space 1}    3.37{col 60}{space 3}0.001{col 68}{space 4} .0436671{col 81}{space 3} .1677771
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .0961441{col 40}{space 2} .0295482{col 51}{space 1}    3.25{col 60}{space 3}0.001{col 68}{space 4} .0377295{col 81}{space 3} .1545588
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .1170597{col 40}{space 2} .0292245{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .0592849{col 81}{space 3} .1748345
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .1321139{col 40}{space 2} .0351404{col 51}{space 1}    3.76{col 60}{space 3}0.000{col 68}{space 4} .0626437{col 81}{space 3} .2015842
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .0920723{col 40}{space 2} .0248732{col 51}{space 1}    3.70{col 60}{space 3}0.000{col 68}{space 4} .0428996{col 81}{space 3}  .141245
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .0727258{col 40}{space 2} .0207298{col 51}{space 1}    3.51{col 60}{space 3}0.001{col 68}{space 4} .0317445{col 81}{space 3} .1137071
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .0863412{col 40}{space 2} .0272163{col 51}{space 1}    3.17{col 60}{space 3}0.002{col 68}{space 4} .0325364{col 81}{space 3}  .140146
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .0579781{col 40}{space 2} .0170167{col 51}{space 1}    3.41{col 60}{space 3}0.001{col 68}{space 4} .0243372{col 81}{space 3}  .091619
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .1333681{col 40}{space 2} .0391774{col 51}{space 1}    3.40{col 60}{space 3}0.001{col 68}{space 4} .0559171{col 81}{space 3} .2108191
{txt}{space 21}1975  {c |}{col 28}{res}{space 2}  .129347{col 40}{space 2} .0289179{col 51}{space 1}    4.47{col 60}{space 3}0.000{col 68}{space 4} .0721782{col 81}{space 3} .1865158
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} .0655371{col 40}{space 2} .0194422{col 51}{space 1}    3.37{col 60}{space 3}0.001{col 68}{space 4} .0271012{col 81}{space 3} .1039731
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .0928827{col 40}{space 2} .0281328{col 51}{space 1}    3.30{col 60}{space 3}0.001{col 68}{space 4} .0372662{col 81}{space 3} .1484992
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .1362362{col 40}{space 2} .0335876{col 51}{space 1}    4.06{col 60}{space 3}0.000{col 68}{space 4} .0698358{col 81}{space 3} .2026366
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .0871265{col 40}{space 2}   .02705{col 51}{space 1}    3.22{col 60}{space 3}0.002{col 68}{space 4} .0336505{col 81}{space 3} .1406025
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .0816153{col 40}{space 2} .0201609{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4} .0417587{col 81}{space 3}  .121472
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .0855438{col 40}{space 2} .0264832{col 51}{space 1}    3.23{col 60}{space 3}0.002{col 68}{space 4} .0331882{col 81}{space 3} .1378993
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .1343833{col 40}{space 2} .0349339{col 51}{space 1}    3.85{col 60}{space 3}0.000{col 68}{space 4} .0653213{col 81}{space 3} .2034453
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .0932427{col 40}{space 2} .0290477{col 51}{space 1}    3.21{col 60}{space 3}0.002{col 68}{space 4} .0358174{col 81}{space 3}  .150668
{txt}{space 21}1984  {c |}{col 28}{res}{space 2}  .095218{col 40}{space 2}   .02592{col 51}{space 1}    3.67{col 60}{space 3}0.000{col 68}{space 4} .0439759{col 81}{space 3} .1464601
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .0918666{col 40}{space 2} .0273712{col 51}{space 1}    3.36{col 60}{space 3}0.001{col 68}{space 4} .0377555{col 81}{space 3} .1459776
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .1108286{col 40}{space 2} .0326231{col 51}{space 1}    3.40{col 60}{space 3}0.001{col 68}{space 4}  .046335{col 81}{space 3} .1753223
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .0962204{col 40}{space 2}   .02916{col 51}{space 1}    3.30{col 60}{space 3}0.001{col 68}{space 4}  .038573{col 81}{space 3} .1538678
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} .1203033{col 40}{space 2} .0418529{col 51}{space 1}    2.87{col 60}{space 3}0.005{col 68}{space 4} .0375629{col 81}{space 3} .2030437
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .1295043{col 40}{space 2} .0339761{col 51}{space 1}    3.81{col 60}{space 3}0.000{col 68}{space 4} .0623359{col 81}{space 3} .1966727
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .1516156{col 40}{space 2} .0426286{col 51}{space 1}    3.56{col 60}{space 3}0.001{col 68}{space 4} .0673417{col 81}{space 3} .2358894
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .1200566{col 40}{space 2} .0426828{col 51}{space 1}    2.81{col 60}{space 3}0.006{col 68}{space 4} .0356756{col 81}{space 3} .2044376
{txt}{space 21}1992  {c |}{col 28}{res}{space 2}  .136047{col 40}{space 2} .0405389{col 51}{space 1}    3.36{col 60}{space 3}0.001{col 68}{space 4} .0559044{col 81}{space 3} .2161896
{txt}{space 21}1993  {c |}{col 28}{res}{space 2}  .118055{col 40}{space 2}  .041287{col 51}{space 1}    2.86{col 60}{space 3}0.005{col 68}{space 4} .0364334{col 81}{space 3} .1996767
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .1869352{col 40}{space 2} .0513297{col 51}{space 1}    3.64{col 60}{space 3}0.000{col 68}{space 4} .0854599{col 81}{space 3} .2884105
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .1293681{col 40}{space 2} .0432797{col 51}{space 1}    2.99{col 60}{space 3}0.003{col 68}{space 4} .0438072{col 81}{space 3}  .214929
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .1750964{col 40}{space 2} .0502293{col 51}{space 1}    3.49{col 60}{space 3}0.001{col 68}{space 4} .0757966{col 81}{space 3} .2743962
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .1190763{col 40}{space 2} .0347642{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0503498{col 81}{space 3} .1878027
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .1677199{col 40}{space 2} .0487253{col 51}{space 1}    3.44{col 60}{space 3}0.001{col 68}{space 4} .0713934{col 81}{space 3} .2640465
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .1486244{col 40}{space 2} .0360761{col 51}{space 1}    4.12{col 60}{space 3}0.000{col 68}{space 4} .0773045{col 81}{space 3} .2199444
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .2150368{col 40}{space 2} .0535619{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .1091486{col 81}{space 3}  .320925
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .1248913{col 40}{space 2} .0326173{col 51}{space 1}    3.83{col 60}{space 3}0.000{col 68}{space 4} .0604091{col 81}{space 3} .1893736
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .1372526{col 40}{space 2}  .042626{col 51}{space 1}    3.22{col 60}{space 3}0.002{col 68}{space 4} .0529838{col 81}{space 3} .2215213
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .2042816{col 40}{space 2} .0524044{col 51}{space 1}    3.90{col 60}{space 3}0.000{col 68}{space 4} .1006816{col 81}{space 3} .3078815
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .1162771{col 40}{space 2}   .03323{col 51}{space 1}    3.50{col 60}{space 3}0.001{col 68}{space 4} .0505837{col 81}{space 3} .1819704
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .1393307{col 40}{space 2} .0438896{col 51}{space 1}    3.17{col 60}{space 3}0.002{col 68}{space 4}  .052564{col 81}{space 3} .2260974
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .2040694{col 40}{space 2} .0527778{col 51}{space 1}    3.87{col 60}{space 3}0.000{col 68}{space 4} .0997312{col 81}{space 3} .3084076
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .1234725{col 40}{space 2} .0348164{col 51}{space 1}    3.55{col 60}{space 3}0.001{col 68}{space 4}  .054643{col 81}{space 3}  .192302
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .2596325{col 40}{space 2} .0579421{col 51}{space 1}    4.48{col 60}{space 3}0.000{col 68}{space 4}  .145085{col 81}{space 3}   .37418
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .1854019{col 40}{space 2} .0521609{col 51}{space 1}    3.55{col 60}{space 3}0.001{col 68}{space 4} .0822834{col 81}{space 3} .2885205
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .1176058{col 40}{space 2} .0304221{col 51}{space 1}    3.87{col 60}{space 3}0.000{col 68}{space 4} .0574635{col 81}{space 3} .1777482
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .1038848{col 40}{space 2} .0290644{col 51}{space 1}    3.57{col 60}{space 3}0.000{col 68}{space 4} .0464264{col 81}{space 3} .1613431
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .1405412{col 40}{space 2} .0343949{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .0725449{col 81}{space 3} .2085375
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .1412156{col 40}{space 2} .0417257{col 51}{space 1}    3.38{col 60}{space 3}0.001{col 68}{space 4} .0587268{col 81}{space 3} .2237045
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .1689808{col 40}{space 2} .0413385{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .0872573{col 81}{space 3} .2507042
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .1571646{col 40}{space 2} .0403395{col 51}{space 1}    3.90{col 60}{space 3}0.000{col 68}{space 4} .0774162{col 81}{space 3} .2369131
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .1668743{col 40}{space 2} .0411053{col 51}{space 1}    4.06{col 60}{space 3}0.000{col 68}{space 4}  .085612{col 81}{space 3} .2481366
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .1386051{col 40}{space 2} .0379171{col 51}{space 1}    3.66{col 60}{space 3}0.000{col 68}{space 4} .0636456{col 81}{space 3} .2135647
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .1092666{col 40}{space 2} .0309138{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0481523{col 81}{space 3}  .170381
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .1226413{col 40}{space 2} .0334132{col 51}{space 1}    3.67{col 60}{space 3}0.000{col 68}{space 4} .0565858{col 81}{space 3} .1886968
{txt}{space 21}2020  {c |}{col 28}{res}{space 2}  .107464{col 40}{space 2} .0294326{col 51}{space 1}    3.65{col 60}{space 3}0.000{col 68}{space 4} .0492778{col 81}{space 3} .1656503
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0420031{col 40}{space 2}  .025209{col 51}{space 1}    1.67{col 60}{space 3}0.098{col 68}{space 4}-.0078333{col 81}{space 3} .0918396
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .06829553
                   {txt}sigma_e {c |} {res} .16652138
                       {txt}rho {c |} {res} .14398747{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 6
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg bin_visit_president
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,586
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0556{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0000{col 63}{txt}avg{col 67}={col 69}{res}      39.6
{txt}     overall = {res}0.0325{col 63}{txt}max{col 67}={col 69}{res}        71

{txt}{col 49}F({res}77{txt},{res}140{txt}){col 67}={col 70}{res}     3.96
{txt}corr(u_i, Xb){col 16}= {res}-0.2102{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}       bin_visit_president{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2} .0064698{col 40}{space 2} .0033867{col 51}{space 1}    1.91{col 60}{space 3}0.058{col 68}{space 4}-.0002259{col 81}{space 3} .0131655
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.0274918{col 40}{space 2} .0136906{col 51}{space 1}   -2.01{col 60}{space 3}0.047{col 68}{space 4}-.0545588{col 81}{space 3}-.0004247
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2} .0191275{col 40}{space 2} .0413362{col 51}{space 1}    0.46{col 60}{space 3}0.644{col 68}{space 4}-.0625964{col 81}{space 3} .1008513
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2}-.0034562{col 40}{space 2}   .00365{col 51}{space 1}   -0.95{col 60}{space 3}0.345{col 68}{space 4}-.0106725{col 81}{space 3} .0037601
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2}-.0018384{col 40}{space 2} .0274823{col 51}{space 1}   -0.07{col 60}{space 3}0.947{col 68}{space 4}-.0561724{col 81}{space 3} .0524955
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2}-.0099231{col 40}{space 2} .0080411{col 51}{space 1}   -1.23{col 60}{space 3}0.219{col 68}{space 4}-.0258209{col 81}{space 3} .0059746
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2}-.0099046{col 40}{space 2} .0080626{col 51}{space 1}   -1.23{col 60}{space 3}0.221{col 68}{space 4}-.0258448{col 81}{space 3} .0060356
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2} .0031557{col 40}{space 2} .0041682{col 51}{space 1}    0.76{col 60}{space 3}0.450{col 68}{space 4} -.005085{col 81}{space 3} .0113964
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .0052651{col 40}{space 2} .0042844{col 51}{space 1}    1.23{col 60}{space 3}0.221{col 68}{space 4}-.0032054{col 81}{space 3} .0137356
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} .0037775{col 40}{space 2} .0048941{col 51}{space 1}    0.77{col 60}{space 3}0.442{col 68}{space 4}-.0058984{col 81}{space 3} .0134534
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .0352198{col 40}{space 2} .0259093{col 51}{space 1}    1.36{col 60}{space 3}0.176{col 68}{space 4}-.0160043{col 81}{space 3} .0864439
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0180579{col 40}{space 2} .0093056{col 51}{space 1}    1.94{col 60}{space 3}0.054{col 68}{space 4}-.0003397{col 81}{space 3} .0364556
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0073505{col 40}{space 2} .0052169{col 51}{space 1}    1.41{col 60}{space 3}0.161{col 68}{space 4}-.0029635{col 81}{space 3} .0176645
{txt}{space 21}1956  {c |}{col 28}{res}{space 2}  .029244{col 40}{space 2} .0246151{col 51}{space 1}    1.19{col 60}{space 3}0.237{col 68}{space 4}-.0194213{col 81}{space 3} .0779093
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0163976{col 40}{space 2} .0100172{col 51}{space 1}    1.64{col 60}{space 3}0.104{col 68}{space 4} -.003407{col 81}{space 3} .0362022
{txt}{space 21}1958  {c |}{col 28}{res}{space 2}-.0002811{col 40}{space 2} .0071242{col 51}{space 1}   -0.04{col 60}{space 3}0.969{col 68}{space 4}-.0143661{col 81}{space 3} .0138039
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} .1714621{col 40}{space 2} .0530755{col 51}{space 1}    3.23{col 60}{space 3}0.002{col 68}{space 4} .0665289{col 81}{space 3} .2763953
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .0955876{col 40}{space 2} .0404732{col 51}{space 1}    2.36{col 60}{space 3}0.020{col 68}{space 4} .0155699{col 81}{space 3} .1756053
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0326342{col 40}{space 2} .0197518{col 51}{space 1}    1.65{col 60}{space 3}0.101{col 68}{space 4}-.0064161{col 81}{space 3} .0716845
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0314601{col 40}{space 2} .0221276{col 51}{space 1}    1.42{col 60}{space 3}0.157{col 68}{space 4}-.0122873{col 81}{space 3} .0752075
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .0336356{col 40}{space 2} .0109568{col 51}{space 1}    3.07{col 60}{space 3}0.003{col 68}{space 4} .0119735{col 81}{space 3} .0552978
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .0437158{col 40}{space 2} .0148983{col 51}{space 1}    2.93{col 60}{space 3}0.004{col 68}{space 4} .0142611{col 81}{space 3} .0731706
{txt}{space 21}1965  {c |}{col 28}{res}{space 2}  .037236{col 40}{space 2}   .01248{col 51}{space 1}    2.98{col 60}{space 3}0.003{col 68}{space 4} .0125624{col 81}{space 3} .0619097
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .0870285{col 40}{space 2} .0272564{col 51}{space 1}    3.19{col 60}{space 3}0.002{col 68}{space 4} .0331411{col 81}{space 3} .1409159
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .1020128{col 40}{space 2} .0273697{col 51}{space 1}    3.73{col 60}{space 3}0.000{col 68}{space 4} .0479015{col 81}{space 3} .1561241
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .1331871{col 40}{space 2} .0351242{col 51}{space 1}    3.79{col 60}{space 3}0.000{col 68}{space 4} .0637447{col 81}{space 3} .2026295
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .0935326{col 40}{space 2} .0256545{col 51}{space 1}    3.65{col 60}{space 3}0.000{col 68}{space 4} .0428123{col 81}{space 3} .1442529
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .0657213{col 40}{space 2}  .018146{col 51}{space 1}    3.62{col 60}{space 3}0.000{col 68}{space 4} .0298456{col 81}{space 3}  .101597
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .0887549{col 40}{space 2} .0318328{col 51}{space 1}    2.79{col 60}{space 3}0.006{col 68}{space 4} .0258197{col 81}{space 3} .1516901
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .0414725{col 40}{space 2} .0116694{col 51}{space 1}    3.55{col 60}{space 3}0.001{col 68}{space 4} .0184016{col 81}{space 3} .0645435
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .1261338{col 40}{space 2} .0370057{col 51}{space 1}    3.41{col 60}{space 3}0.001{col 68}{space 4} .0529715{col 81}{space 3} .1992962
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .1274112{col 40}{space 2} .0291423{col 51}{space 1}    4.37{col 60}{space 3}0.000{col 68}{space 4} .0697952{col 81}{space 3} .1850271
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} .0523915{col 40}{space 2} .0159831{col 51}{space 1}    3.28{col 60}{space 3}0.001{col 68}{space 4}  .020792{col 81}{space 3} .0839909
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .0704108{col 40}{space 2} .0215912{col 51}{space 1}    3.26{col 60}{space 3}0.001{col 68}{space 4} .0277239{col 81}{space 3} .1130977
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .1454724{col 40}{space 2} .0359359{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4} .0744253{col 81}{space 3} .2165196
{txt}{space 21}1979  {c |}{col 28}{res}{space 2}  .082289{col 40}{space 2}  .025396{col 51}{space 1}    3.24{col 60}{space 3}0.001{col 68}{space 4} .0320797{col 81}{space 3} .1324983
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .0720252{col 40}{space 2} .0182986{col 51}{space 1}    3.94{col 60}{space 3}0.000{col 68}{space 4}  .035848{col 81}{space 3} .1082024
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .0740791{col 40}{space 2} .0229545{col 51}{space 1}    3.23{col 60}{space 3}0.002{col 68}{space 4} .0286969{col 81}{space 3} .1194614
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .1176293{col 40}{space 2} .0301642{col 51}{space 1}    3.90{col 60}{space 3}0.000{col 68}{space 4} .0579932{col 81}{space 3} .1772655
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .0884248{col 40}{space 2} .0281438{col 51}{space 1}    3.14{col 60}{space 3}0.002{col 68}{space 4} .0327831{col 81}{space 3} .1440665
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .0878039{col 40}{space 2} .0248567{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0386608{col 81}{space 3}  .136947
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .0788347{col 40}{space 2} .0238044{col 51}{space 1}    3.31{col 60}{space 3}0.001{col 68}{space 4} .0317721{col 81}{space 3} .1258973
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .1037228{col 40}{space 2} .0309092{col 51}{space 1}    3.36{col 60}{space 3}0.001{col 68}{space 4} .0426136{col 81}{space 3} .1648319
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .0837132{col 40}{space 2} .0259389{col 51}{space 1}    3.23{col 60}{space 3}0.002{col 68}{space 4} .0324306{col 81}{space 3} .1349958
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} .1072335{col 40}{space 2} .0387856{col 51}{space 1}    2.76{col 60}{space 3}0.006{col 68}{space 4} .0305523{col 81}{space 3} .1839147
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .1220434{col 40}{space 2}  .033166{col 51}{space 1}    3.68{col 60}{space 3}0.000{col 68}{space 4} .0564725{col 81}{space 3} .1876144
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .1397616{col 40}{space 2} .0398369{col 51}{space 1}    3.51{col 60}{space 3}0.001{col 68}{space 4}  .061002{col 81}{space 3} .2185213
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .1101557{col 40}{space 2} .0422198{col 51}{space 1}    2.61{col 60}{space 3}0.010{col 68}{space 4} .0266848{col 81}{space 3} .1936266
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .1264364{col 40}{space 2} .0405261{col 51}{space 1}    3.12{col 60}{space 3}0.002{col 68}{space 4} .0463141{col 81}{space 3} .2065586
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .1210426{col 40}{space 2} .0432366{col 51}{space 1}    2.80{col 60}{space 3}0.006{col 68}{space 4} .0355616{col 81}{space 3} .2065236
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .1811062{col 40}{space 2} .0512583{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0797659{col 81}{space 3} .2824466
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .1143343{col 40}{space 2} .0412748{col 51}{space 1}    2.77{col 60}{space 3}0.006{col 68}{space 4} .0327318{col 81}{space 3} .1959368
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .1598059{col 40}{space 2}  .047304{col 51}{space 1}    3.38{col 60}{space 3}0.001{col 68}{space 4} .0662834{col 81}{space 3} .2533284
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .1081484{col 40}{space 2} .0328792{col 51}{space 1}    3.29{col 60}{space 3}0.001{col 68}{space 4} .0431445{col 81}{space 3} .1731523
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .1608429{col 40}{space 2} .0489099{col 51}{space 1}    3.29{col 60}{space 3}0.001{col 68}{space 4} .0641454{col 81}{space 3} .2575403
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .1470795{col 40}{space 2} .0387126{col 51}{space 1}    3.80{col 60}{space 3}0.000{col 68}{space 4} .0705427{col 81}{space 3} .2236164
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .2065402{col 40}{space 2} .0515494{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .1046243{col 81}{space 3} .3084561
{txt}{space 21}2001  {c |}{col 28}{res}{space 2}  .113803{col 40}{space 2} .0300623{col 51}{space 1}    3.79{col 60}{space 3}0.000{col 68}{space 4} .0543681{col 81}{space 3} .1732378
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .1307537{col 40}{space 2} .0418674{col 51}{space 1}    3.12{col 60}{space 3}0.002{col 68}{space 4} .0479797{col 81}{space 3} .2135278
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .1995309{col 40}{space 2} .0529101{col 51}{space 1}    3.77{col 60}{space 3}0.000{col 68}{space 4} .0949248{col 81}{space 3} .3041369
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .1012784{col 40}{space 2} .0291814{col 51}{space 1}    3.47{col 60}{space 3}0.001{col 68}{space 4} .0435853{col 81}{space 3} .1589715
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .1339777{col 40}{space 2} .0449571{col 51}{space 1}    2.98{col 60}{space 3}0.003{col 68}{space 4}  .045095{col 81}{space 3} .2228604
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .1924922{col 40}{space 2} .0525369{col 51}{space 1}    3.66{col 60}{space 3}0.000{col 68}{space 4} .0886239{col 81}{space 3} .2963604
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .1182276{col 40}{space 2}  .035247{col 51}{space 1}    3.35{col 60}{space 3}0.001{col 68}{space 4} .0485424{col 81}{space 3} .1879128
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .2515035{col 40}{space 2} .0566205{col 51}{space 1}    4.44{col 60}{space 3}0.000{col 68}{space 4} .1395616{col 81}{space 3} .3634453
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .1747486{col 40}{space 2} .0500346{col 51}{space 1}    3.49{col 60}{space 3}0.001{col 68}{space 4} .0758274{col 81}{space 3} .2736697
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .1158463{col 40}{space 2} .0328029{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0509931{col 81}{space 3} .1806995
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .0967065{col 40}{space 2} .0277696{col 51}{space 1}    3.48{col 60}{space 3}0.001{col 68}{space 4} .0418046{col 81}{space 3} .1516084
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .1355023{col 40}{space 2} .0345463{col 51}{space 1}    3.92{col 60}{space 3}0.000{col 68}{space 4} .0672024{col 81}{space 3} .2038022
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .1301789{col 40}{space 2}  .041931{col 51}{space 1}    3.10{col 60}{space 3}0.002{col 68}{space 4}  .047279{col 81}{space 3} .2130788
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .1592015{col 40}{space 2} .0398848{col 51}{space 1}    3.99{col 60}{space 3}0.000{col 68}{space 4}  .080347{col 81}{space 3} .2380559
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .1487828{col 40}{space 2} .0388582{col 51}{space 1}    3.83{col 60}{space 3}0.000{col 68}{space 4}  .071958{col 81}{space 3} .2256076
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .1613615{col 40}{space 2} .0409702{col 51}{space 1}    3.94{col 60}{space 3}0.000{col 68}{space 4} .0803613{col 81}{space 3} .2423617
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .1316029{col 40}{space 2} .0369872{col 51}{space 1}    3.56{col 60}{space 3}0.001{col 68}{space 4} .0584772{col 81}{space 3} .2047286
{txt}{space 21}2018  {c |}{col 28}{res}{space 2}  .101918{col 40}{space 2} .0297541{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0430926{col 81}{space 3} .1607433
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .1147861{col 40}{space 2} .0321775{col 51}{space 1}    3.57{col 60}{space 3}0.000{col 68}{space 4} .0511694{col 81}{space 3} .1784029
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .1008627{col 40}{space 2} .0288925{col 51}{space 1}    3.49{col 60}{space 3}0.001{col 68}{space 4} .0437406{col 81}{space 3} .1579847
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0268488{col 40}{space 2} .0257019{col 51}{space 1}    1.04{col 60}{space 3}0.298{col 68}{space 4}-.0239653{col 81}{space 3} .0776629
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .07268457
                   {txt}sigma_e {c |} {res} .16682816
                       {txt}rho {c |} {res} .15953789{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.                         
.         
.         ****************************************************************************
.         *Table A.4.2. Two-way linear fixed effects regression for US state visits (count measure)
.         ****************************************************************************                                    
.         
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_secstate
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,836
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0961{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0005{col 63}{txt}avg{col 67}={col 69}{res}      41.1
{txt}     overall = {res}0.0460{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}     8.90
{txt}corr(u_i, Xb){col 16}= {res}-0.2230{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}      ln_visit_secstate{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2}  .015254{col 37}{space 2} .0064552{col 48}{space 1}    2.36{col 57}{space 3}0.019{col 65}{space 4} .0024925{col 78}{space 3} .0280155
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2}-.0638875{col 37}{space 2} .0189919{col 48}{space 1}   -3.36{col 57}{space 3}0.001{col 65}{space 4}-.1014331{col 78}{space 3}-.0263419
{txt}{space 13}tournament {c |}{col 25}{res}{space 2}-.0115191{col 37}{space 2} .0553196{col 48}{space 1}   -0.21{col 57}{space 3}0.835{col 65}{space 4}-.1208822{col 78}{space 3} .0978441
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2}-.0003642{col 37}{space 2} .0092795{col 48}{space 1}   -0.04{col 57}{space 3}0.969{col 65}{space 4} -.018709{col 78}{space 3} .0179807
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2}-.0782252{col 37}{space 2} .0746554{col 48}{space 1}   -1.05{col 57}{space 3}0.297{col 65}{space 4}-.2258137{col 78}{space 3} .0693634
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2}-.0309411{col 37}{space 2} .0180406{col 48}{space 1}   -1.72{col 57}{space 3}0.089{col 65}{space 4}-.0666062{col 78}{space 3}  .004724
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2}-.0079638{col 37}{space 2} .0163149{col 48}{space 1}   -0.49{col 57}{space 3}0.626{col 65}{space 4}-.0402172{col 78}{space 3} .0242896
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2} .0045775{col 37}{space 2} .0355162{col 48}{space 1}    0.13{col 57}{space 3}0.898{col 65}{space 4}-.0656356{col 78}{space 3} .0747905
{txt}{space 18}1949  {c |}{col 25}{res}{space 2}-.0242366{col 37}{space 2} .0259903{col 48}{space 1}   -0.93{col 57}{space 3}0.353{col 65}{space 4}-.0756177{col 78}{space 3} .0271445
{txt}{space 18}1950  {c |}{col 25}{res}{space 2}-.0273233{col 37}{space 2} .0240151{col 48}{space 1}   -1.14{col 57}{space 3}0.257{col 65}{space 4}-.0747996{col 78}{space 3}  .020153
{txt}{space 18}1951  {c |}{col 25}{res}{space 2}-.0151253{col 37}{space 2} .0249062{col 48}{space 1}   -0.61{col 57}{space 3}0.545{col 65}{space 4}-.0643632{col 78}{space 3} .0341125
{txt}{space 18}1952  {c |}{col 25}{res}{space 2} .0226651{col 37}{space 2} .0161114{col 48}{space 1}    1.41{col 57}{space 3}0.162{col 65}{space 4} -.009186{col 78}{space 3} .0545161
{txt}{space 18}1953  {c |}{col 25}{res}{space 2} .1148877{col 37}{space 2} .0544051{col 48}{space 1}    2.11{col 57}{space 3}0.036{col 65}{space 4} .0073325{col 78}{space 3} .2224428
{txt}{space 18}1954  {c |}{col 25}{res}{space 2} .0056103{col 37}{space 2} .0358498{col 48}{space 1}    0.16{col 57}{space 3}0.876{col 65}{space 4}-.0652622{col 78}{space 3} .0764829
{txt}{space 18}1955  {c |}{col 25}{res}{space 2} .0791243{col 37}{space 2} .0444121{col 48}{space 1}    1.78{col 57}{space 3}0.077{col 65}{space 4}-.0086753{col 78}{space 3}  .166924
{txt}{space 18}1956  {c |}{col 25}{res}{space 2} .0599386{col 37}{space 2}  .044291{col 48}{space 1}    1.35{col 57}{space 3}0.178{col 65}{space 4}-.0276217{col 78}{space 3} .1474988
{txt}{space 18}1957  {c |}{col 25}{res}{space 2} -.018039{col 37}{space 2} .0306899{col 48}{space 1}   -0.59{col 57}{space 3}0.558{col 65}{space 4}-.0787109{col 78}{space 3}  .042633
{txt}{space 18}1958  {c |}{col 25}{res}{space 2} .0495861{col 37}{space 2} .0379531{col 48}{space 1}    1.31{col 57}{space 3}0.194{col 65}{space 4}-.0254446{col 78}{space 3} .1246168
{txt}{space 18}1959  {c |}{col 25}{res}{space 2}-.0002371{col 37}{space 2} .0300571{col 48}{space 1}   -0.01{col 57}{space 3}0.994{col 65}{space 4}-.0596578{col 78}{space 3} .0591837
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} .0720387{col 37}{space 2} .0385822{col 48}{space 1}    1.87{col 57}{space 3}0.064{col 65}{space 4}-.0042356{col 78}{space 3}  .148313
{txt}{space 18}1961  {c |}{col 25}{res}{space 2}  .075993{col 37}{space 2} .0334188{col 48}{space 1}    2.27{col 57}{space 3}0.024{col 65}{space 4} .0099263{col 78}{space 3} .1420597
{txt}{space 18}1962  {c |}{col 25}{res}{space 2} .0934888{col 37}{space 2} .0326192{col 48}{space 1}    2.87{col 57}{space 3}0.005{col 65}{space 4} .0290029{col 78}{space 3} .1579747
{txt}{space 18}1963  {c |}{col 25}{res}{space 2} .1011395{col 37}{space 2} .0319576{col 48}{space 1}    3.16{col 57}{space 3}0.002{col 65}{space 4} .0379616{col 78}{space 3} .1643173
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} .1233366{col 37}{space 2} .0306361{col 48}{space 1}    4.03{col 57}{space 3}0.000{col 65}{space 4} .0627713{col 78}{space 3}  .183902
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} .1710307{col 37}{space 2} .0464942{col 48}{space 1}    3.68{col 57}{space 3}0.000{col 65}{space 4} .0791148{col 78}{space 3} .2629466
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} .1367778{col 37}{space 2} .0372872{col 48}{space 1}    3.67{col 57}{space 3}0.000{col 65}{space 4} .0630636{col 78}{space 3}  .210492
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} .1341198{col 37}{space 2}  .035426{col 48}{space 1}    3.79{col 57}{space 3}0.000{col 65}{space 4} .0640851{col 78}{space 3} .2041545
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} .1646285{col 37}{space 2} .0412483{col 48}{space 1}    3.99{col 57}{space 3}0.000{col 65}{space 4} .0830835{col 78}{space 3} .2461735
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} .2340517{col 37}{space 2}  .042674{col 48}{space 1}    5.48{col 57}{space 3}0.000{col 65}{space 4} .1496881{col 78}{space 3} .3184154
{txt}{space 18}1971  {c |}{col 25}{res}{space 2} .1296717{col 37}{space 2} .0436541{col 48}{space 1}    2.97{col 57}{space 3}0.003{col 65}{space 4} .0433705{col 78}{space 3} .2159729
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} .1781811{col 37}{space 2} .0358811{col 48}{space 1}    4.97{col 57}{space 3}0.000{col 65}{space 4} .1072466{col 78}{space 3} .2491157
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} .2769594{col 37}{space 2}  .051641{col 48}{space 1}    5.36{col 57}{space 3}0.000{col 65}{space 4} .1748687{col 78}{space 3} .3790501
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} .3172013{col 37}{space 2} .0697648{col 48}{space 1}    4.55{col 57}{space 3}0.000{col 65}{space 4}  .179281{col 78}{space 3} .4551215
{txt}{space 18}1975  {c |}{col 25}{res}{space 2}  .236143{col 37}{space 2}  .056347{col 48}{space 1}    4.19{col 57}{space 3}0.000{col 65}{space 4} .1247489{col 78}{space 3} .3475371
{txt}{space 18}1976  {c |}{col 25}{res}{space 2} .3122982{col 37}{space 2} .0511442{col 48}{space 1}    6.11{col 57}{space 3}0.000{col 65}{space 4} .2111896{col 78}{space 3} .4134068
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} .2437026{col 37}{space 2} .0559416{col 48}{space 1}    4.36{col 57}{space 3}0.000{col 65}{space 4} .1331099{col 78}{space 3} .3542954
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} .2411734{col 37}{space 2} .0535211{col 48}{space 1}    4.51{col 57}{space 3}0.000{col 65}{space 4} .1353659{col 78}{space 3} .3469808
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} .1789242{col 37}{space 2} .0468945{col 48}{space 1}    3.82{col 57}{space 3}0.000{col 65}{space 4}  .086217{col 78}{space 3} .2716315
{txt}{space 18}1980  {c |}{col 25}{res}{space 2} .1685893{col 37}{space 2}  .040844{col 48}{space 1}    4.13{col 57}{space 3}0.000{col 65}{space 4} .0878436{col 78}{space 3}  .249335
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} .2280128{col 37}{space 2} .0522228{col 48}{space 1}    4.37{col 57}{space 3}0.000{col 65}{space 4} .1247719{col 78}{space 3} .3312537
{txt}{space 18}1982  {c |}{col 25}{res}{space 2} .2339685{col 37}{space 2} .0478887{col 48}{space 1}    4.89{col 57}{space 3}0.000{col 65}{space 4} .1392959{col 78}{space 3} .3286411
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} .2783228{col 37}{space 2} .0596992{col 48}{space 1}    4.66{col 57}{space 3}0.000{col 65}{space 4} .1603016{col 78}{space 3} .3963441
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} .2533979{col 37}{space 2} .0442729{col 48}{space 1}    5.72{col 57}{space 3}0.000{col 65}{space 4} .1658733{col 78}{space 3} .3409224
{txt}{space 18}1985  {c |}{col 25}{res}{space 2} .2501407{col 37}{space 2} .0511036{col 48}{space 1}    4.89{col 57}{space 3}0.000{col 65}{space 4} .1491123{col 78}{space 3} .3511691
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} .2518431{col 37}{space 2} .0487264{col 48}{space 1}    5.17{col 57}{space 3}0.000{col 65}{space 4} .1555142{col 78}{space 3} .3481719
{txt}{space 18}1987  {c |}{col 25}{res}{space 2}  .286672{col 37}{space 2} .0575374{col 48}{space 1}    4.98{col 57}{space 3}0.000{col 65}{space 4} .1729245{col 78}{space 3} .4004195
{txt}{space 18}1988  {c |}{col 25}{res}{space 2} .3623196{col 37}{space 2} .0739451{col 48}{space 1}    4.90{col 57}{space 3}0.000{col 65}{space 4} .2161351{col 78}{space 3}  .508504
{txt}{space 18}1989  {c |}{col 25}{res}{space 2}  .254149{col 37}{space 2} .0513261{col 48}{space 1}    4.95{col 57}{space 3}0.000{col 65}{space 4} .1526808{col 78}{space 3} .3556173
{txt}{space 18}1990  {c |}{col 25}{res}{space 2} .3392263{col 37}{space 2}  .073949{col 48}{space 1}    4.59{col 57}{space 3}0.000{col 65}{space 4} .1930341{col 78}{space 3} .4854185
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} .4112287{col 37}{space 2} .0842921{col 48}{space 1}    4.88{col 57}{space 3}0.000{col 65}{space 4}  .244589{col 78}{space 3} .5778684
{txt}{space 18}1992  {c |}{col 25}{res}{space 2} .3114671{col 37}{space 2} .0635839{col 48}{space 1}    4.90{col 57}{space 3}0.000{col 65}{space 4} .1857662{col 78}{space 3}  .437168
{txt}{space 18}1993  {c |}{col 25}{res}{space 2} .3376458{col 37}{space 2} .0717504{col 48}{space 1}    4.71{col 57}{space 3}0.000{col 65}{space 4} .1958001{col 78}{space 3} .4794915
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} .3807124{col 37}{space 2}  .082271{col 48}{space 1}    4.63{col 57}{space 3}0.000{col 65}{space 4} .2180683{col 78}{space 3} .5433564
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} .3275562{col 37}{space 2} .0715366{col 48}{space 1}    4.58{col 57}{space 3}0.000{col 65}{space 4} .1861332{col 78}{space 3} .4689792
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} .3655297{col 37}{space 2} .0737619{col 48}{space 1}    4.96{col 57}{space 3}0.000{col 65}{space 4} .2197075{col 78}{space 3} .5113519
{txt}{space 18}1997  {c |}{col 25}{res}{space 2} .4257762{col 37}{space 2} .0715794{col 48}{space 1}    5.95{col 57}{space 3}0.000{col 65}{space 4} .2842687{col 78}{space 3} .5672838
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} .3167431{col 37}{space 2} .0607078{col 48}{space 1}    5.22{col 57}{space 3}0.000{col 65}{space 4}  .196728{col 78}{space 3} .4367581
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} .3721459{col 37}{space 2} .0718394{col 48}{space 1}    5.18{col 57}{space 3}0.000{col 65}{space 4} .2301244{col 78}{space 3} .5141673
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} .3617642{col 37}{space 2} .0686239{col 48}{space 1}    5.27{col 57}{space 3}0.000{col 65}{space 4} .2260996{col 78}{space 3} .4974289
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} .3557725{col 37}{space 2} .0653408{col 48}{space 1}    5.44{col 57}{space 3}0.000{col 65}{space 4} .2265983{col 78}{space 3} .4849467
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} .3631832{col 37}{space 2} .0630794{col 48}{space 1}    5.76{col 57}{space 3}0.000{col 65}{space 4} .2384795{col 78}{space 3}  .487887
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} .4244901{col 37}{space 2} .0721334{col 48}{space 1}    5.88{col 57}{space 3}0.000{col 65}{space 4} .2818873{col 78}{space 3} .5670929
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} .3615238{col 37}{space 2} .0699113{col 48}{space 1}    5.17{col 57}{space 3}0.000{col 65}{space 4} .2233139{col 78}{space 3} .4997337
{txt}{space 18}2005  {c |}{col 25}{res}{space 2} .4434231{col 37}{space 2} .0748361{col 48}{space 1}    5.93{col 57}{space 3}0.000{col 65}{space 4} .2954773{col 78}{space 3}  .591369
{txt}{space 18}2006  {c |}{col 25}{res}{space 2} .3707788{col 37}{space 2} .0730584{col 48}{space 1}    5.08{col 57}{space 3}0.000{col 65}{space 4} .2263474{col 78}{space 3} .5152103
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} .3167885{col 37}{space 2} .0721348{col 48}{space 1}    4.39{col 57}{space 3}0.000{col 65}{space 4} .1741829{col 78}{space 3} .4593941
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} .4677639{col 37}{space 2}  .076996{col 48}{space 1}    6.08{col 57}{space 3}0.000{col 65}{space 4} .3155482{col 78}{space 3} .6199796
{txt}{space 18}2009  {c |}{col 25}{res}{space 2} .3906895{col 37}{space 2} .0600414{col 48}{space 1}    6.51{col 57}{space 3}0.000{col 65}{space 4} .2719918{col 78}{space 3} .5093871
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} .4022291{col 37}{space 2} .0630045{col 48}{space 1}    6.38{col 57}{space 3}0.000{col 65}{space 4} .2776736{col 78}{space 3} .5267847
{txt}{space 18}2011  {c |}{col 25}{res}{space 2} .3659894{col 37}{space 2} .0582323{col 48}{space 1}    6.28{col 57}{space 3}0.000{col 65}{space 4} .2508682{col 78}{space 3} .4811107
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} .4261401{col 37}{space 2} .0671684{col 48}{space 1}    6.34{col 57}{space 3}0.000{col 65}{space 4} .2933528{col 78}{space 3} .5589273
{txt}{space 18}2013  {c |}{col 25}{res}{space 2} .4069966{col 37}{space 2} .0756442{col 48}{space 1}    5.38{col 57}{space 3}0.000{col 65}{space 4} .2574532{col 78}{space 3} .5565399
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} .4401435{col 37}{space 2}  .080132{col 48}{space 1}    5.49{col 57}{space 3}0.000{col 65}{space 4} .2817279{col 78}{space 3}  .598559
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} .4263676{col 37}{space 2} .0700886{col 48}{space 1}    6.08{col 57}{space 3}0.000{col 65}{space 4} .2878071{col 78}{space 3}  .564928
{txt}{space 18}2016  {c |}{col 25}{res}{space 2} .4170544{col 37}{space 2} .0754188{col 48}{space 1}    5.53{col 57}{space 3}0.000{col 65}{space 4} .2679567{col 78}{space 3} .5661522
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} .3707179{col 37}{space 2} .0657412{col 48}{space 1}    5.64{col 57}{space 3}0.000{col 65}{space 4} .2407522{col 78}{space 3} .5006837
{txt}{space 18}2018  {c |}{col 25}{res}{space 2} .3775223{col 37}{space 2} .0653353{col 48}{space 1}    5.78{col 57}{space 3}0.000{col 65}{space 4} .2483588{col 78}{space 3} .5066857
{txt}{space 18}2019  {c |}{col 25}{res}{space 2} .3167622{col 37}{space 2} .0594755{col 48}{space 1}    5.33{col 57}{space 3}0.000{col 65}{space 4} .1991833{col 78}{space 3} .4343411
{txt}{space 18}2020  {c |}{col 25}{res}{space 2} .3490138{col 37}{space 2} .0620007{col 48}{space 1}    5.63{col 57}{space 3}0.000{col 65}{space 4} .2264426{col 78}{space 3} .4715849
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2} .0829901{col 37}{space 2} .0742566{col 48}{space 1}    1.12{col 57}{space 3}0.266{col 65}{space 4}-.0638102{col 78}{space 3} .2297904
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res}  .1486529
                {txt}sigma_e {c |} {res}  .2604902
                    {txt}rho {c |} {res} .24565859{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_secstate
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,712
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0942{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0019{col 63}{txt}avg{col 67}={col 69}{res}      40.2
{txt}     overall = {res}0.0483{col 63}{txt}max{col 67}={col 69}{res}        72

{txt}{col 49}F({res}78{txt},{res}141{txt}){col 67}={col 70}{res}     6.80
{txt}corr(u_i, Xb){col 16}= {res}-0.1951{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}         ln_visit_secstate{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2} .0193908{col 40}{space 2} .0056525{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0082163{col 81}{space 3} .0305653
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2}-.0562637{col 40}{space 2} .0200946{col 51}{space 1}   -2.80{col 60}{space 3}0.006{col 68}{space 4}-.0959893{col 81}{space 3}-.0165382
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2} .0099834{col 40}{space 2} .0360317{col 51}{space 1}    0.28{col 60}{space 3}0.782{col 68}{space 4}-.0612489{col 81}{space 3} .0812157
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2}-.0022699{col 40}{space 2} .0086765{col 51}{space 1}   -0.26{col 60}{space 3}0.794{col 68}{space 4}-.0194229{col 81}{space 3}  .014883
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2}-.0585239{col 40}{space 2} .0760692{col 51}{space 1}   -0.77{col 60}{space 3}0.443{col 68}{space 4}-.2089074{col 81}{space 3} .0918596
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2}-.0223216{col 40}{space 2} .0175758{col 51}{space 1}   -1.27{col 60}{space 3}0.206{col 68}{space 4}-.0570676{col 81}{space 3} .0124245
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2}-.0317548{col 40}{space 2} .0112691{col 51}{space 1}   -2.82{col 60}{space 3}0.006{col 68}{space 4} -.054033{col 81}{space 3}-.0094767
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2}-.0291252{col 40}{space 2} .0271808{col 51}{space 1}   -1.07{col 60}{space 3}0.286{col 68}{space 4}-.0828597{col 81}{space 3} .0246094
{txt}{space 21}1950  {c |}{col 28}{res}{space 2}-.0233565{col 40}{space 2} .0276964{col 51}{space 1}   -0.84{col 60}{space 3}0.400{col 68}{space 4}-.0781104{col 81}{space 3} .0313973
{txt}{space 21}1951  {c |}{col 28}{res}{space 2}-.0274281{col 40}{space 2} .0281593{col 51}{space 1}   -0.97{col 60}{space 3}0.332{col 68}{space 4}-.0830972{col 81}{space 3} .0282411
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} .0040159{col 40}{space 2} .0331736{col 51}{space 1}    0.12{col 60}{space 3}0.904{col 68}{space 4}-.0615661{col 81}{space 3} .0695978
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .1384195{col 40}{space 2} .0513217{col 51}{space 1}    2.70{col 60}{space 3}0.008{col 68}{space 4}   .03696{col 81}{space 3} .2398789
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0141688{col 40}{space 2} .0379162{col 51}{space 1}    0.37{col 60}{space 3}0.709{col 68}{space 4}-.0607889{col 81}{space 3} .0891265
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0503455{col 40}{space 2} .0478293{col 51}{space 1}    1.05{col 60}{space 3}0.294{col 68}{space 4}-.0442097{col 81}{space 3} .1449007
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .1016876{col 40}{space 2}  .044606{col 51}{space 1}    2.28{col 60}{space 3}0.024{col 68}{space 4} .0135046{col 81}{space 3} .1898707
{txt}{space 21}1957  {c |}{col 28}{res}{space 2}-.0176913{col 40}{space 2} .0319753{col 51}{space 1}   -0.55{col 60}{space 3}0.581{col 68}{space 4}-.0809043{col 81}{space 3} .0455218
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0456695{col 40}{space 2}   .04412{col 51}{space 1}    1.04{col 60}{space 3}0.302{col 68}{space 4}-.0415528{col 81}{space 3} .1328917
{txt}{space 21}1959  {c |}{col 28}{res}{space 2}-.0248892{col 40}{space 2} .0311995{col 51}{space 1}   -0.80{col 60}{space 3}0.426{col 68}{space 4}-.0865684{col 81}{space 3} .0367901
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .0747762{col 40}{space 2} .0420376{col 51}{space 1}    1.78{col 60}{space 3}0.077{col 68}{space 4}-.0083293{col 81}{space 3} .1578817
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0334003{col 40}{space 2} .0400375{col 51}{space 1}    0.83{col 60}{space 3}0.406{col 68}{space 4} -.045751{col 81}{space 3} .1125516
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0658054{col 40}{space 2} .0339903{col 51}{space 1}    1.94{col 60}{space 3}0.055{col 68}{space 4}-.0013911{col 81}{space 3} .1330018
{txt}{space 21}1963  {c |}{col 28}{res}{space 2}  .115255{col 40}{space 2} .0472955{col 51}{space 1}    2.44{col 60}{space 3}0.016{col 68}{space 4}  .021755{col 81}{space 3} .2087549
{txt}{space 21}1964  {c |}{col 28}{res}{space 2}   .07525{col 40}{space 2} .0397844{col 51}{space 1}    1.89{col 60}{space 3}0.061{col 68}{space 4}-.0034011{col 81}{space 3} .1539011
{txt}{space 21}1966  {c |}{col 28}{res}{space 2} .1529189{col 40}{space 2} .0534558{col 51}{space 1}    2.86{col 60}{space 3}0.005{col 68}{space 4} .0472404{col 81}{space 3} .2585974
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .1093051{col 40}{space 2} .0455873{col 51}{space 1}    2.40{col 60}{space 3}0.018{col 68}{space 4} .0191821{col 81}{space 3}  .199428
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .1377809{col 40}{space 2}  .048588{col 51}{space 1}    2.84{col 60}{space 3}0.005{col 68}{space 4} .0417257{col 81}{space 3} .2338361
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .1705474{col 40}{space 2} .0514117{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0689101{col 81}{space 3} .2721848
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .2253899{col 40}{space 2} .0504567{col 51}{space 1}    4.47{col 60}{space 3}0.000{col 68}{space 4} .1256406{col 81}{space 3} .3251393
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .1605421{col 40}{space 2} .0526668{col 51}{space 1}    3.05{col 60}{space 3}0.003{col 68}{space 4} .0564236{col 81}{space 3} .2646607
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .1478495{col 40}{space 2} .0409315{col 51}{space 1}    3.61{col 60}{space 3}0.000{col 68}{space 4} .0669307{col 81}{space 3} .2287683
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .2667396{col 40}{space 2} .0598008{col 51}{space 1}    4.46{col 60}{space 3}0.000{col 68}{space 4} .1485175{col 81}{space 3} .3849616
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .3125445{col 40}{space 2} .0803216{col 51}{space 1}    3.89{col 60}{space 3}0.000{col 68}{space 4} .1537542{col 81}{space 3} .4713348
{txt}{space 21}1975  {c |}{col 28}{res}{space 2}  .213568{col 40}{space 2}  .060702{col 51}{space 1}    3.52{col 60}{space 3}0.001{col 68}{space 4} .0935643{col 81}{space 3} .3335717
{txt}{space 21}1976  {c |}{col 28}{res}{space 2}  .275805{col 40}{space 2} .0575234{col 51}{space 1}    4.79{col 60}{space 3}0.000{col 68}{space 4} .1620852{col 81}{space 3} .3895247
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .2646824{col 40}{space 2} .0724663{col 51}{space 1}    3.65{col 60}{space 3}0.000{col 68}{space 4} .1214216{col 81}{space 3} .4079433
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .2368603{col 40}{space 2}  .066509{col 51}{space 1}    3.56{col 60}{space 3}0.001{col 68}{space 4} .1053765{col 81}{space 3} .3683441
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .1629907{col 40}{space 2} .0544534{col 51}{space 1}    2.99{col 60}{space 3}0.003{col 68}{space 4} .0553401{col 81}{space 3} .2706413
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .1468753{col 40}{space 2} .0490797{col 51}{space 1}    2.99{col 60}{space 3}0.003{col 68}{space 4}  .049848{col 81}{space 3} .2439025
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .1969192{col 40}{space 2} .0580181{col 51}{space 1}    3.39{col 60}{space 3}0.001{col 68}{space 4} .0822214{col 81}{space 3} .3116169
{txt}{space 21}1982  {c |}{col 28}{res}{space 2}  .226618{col 40}{space 2} .0599805{col 51}{space 1}    3.78{col 60}{space 3}0.000{col 68}{space 4} .1080406{col 81}{space 3} .3451954
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .2630297{col 40}{space 2} .0675216{col 51}{space 1}    3.90{col 60}{space 3}0.000{col 68}{space 4} .1295442{col 81}{space 3} .3965152
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .2286128{col 40}{space 2} .0565112{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4}  .116894{col 81}{space 3} .3403315
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .2392038{col 40}{space 2} .0640793{col 51}{space 1}    3.73{col 60}{space 3}0.000{col 68}{space 4} .1125235{col 81}{space 3} .3658842
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .2285407{col 40}{space 2} .0571976{col 51}{space 1}    4.00{col 60}{space 3}0.000{col 68}{space 4} .1154649{col 81}{space 3} .3416165
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .2586152{col 40}{space 2} .0706752{col 51}{space 1}    3.66{col 60}{space 3}0.000{col 68}{space 4} .1188951{col 81}{space 3} .3983352
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} .3470029{col 40}{space 2} .0866843{col 51}{space 1}    4.00{col 60}{space 3}0.000{col 68}{space 4} .1756339{col 81}{space 3} .5183718
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .2340375{col 40}{space 2} .0653594{col 51}{space 1}    3.58{col 60}{space 3}0.000{col 68}{space 4} .1048265{col 81}{space 3} .3632485
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .3148941{col 40}{space 2}   .08663{col 51}{space 1}    3.63{col 60}{space 3}0.000{col 68}{space 4} .1436326{col 81}{space 3} .4861556
{txt}{space 21}1991  {c |}{col 28}{res}{space 2}  .402781{col 40}{space 2} .0990868{col 51}{space 1}    4.06{col 60}{space 3}0.000{col 68}{space 4} .2068932{col 81}{space 3} .5986687
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .2804966{col 40}{space 2} .0765565{col 51}{space 1}    3.66{col 60}{space 3}0.000{col 68}{space 4} .1291496{col 81}{space 3} .4318436
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .3177506{col 40}{space 2} .0855492{col 51}{space 1}    3.71{col 60}{space 3}0.000{col 68}{space 4} .1486258{col 81}{space 3} .4868754
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .3496359{col 40}{space 2} .0914658{col 51}{space 1}    3.82{col 60}{space 3}0.000{col 68}{space 4} .1688143{col 81}{space 3} .5304576
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .2964119{col 40}{space 2} .0822216{col 51}{space 1}    3.61{col 60}{space 3}0.000{col 68}{space 4} .1338654{col 81}{space 3} .4589583
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .3386918{col 40}{space 2} .0847243{col 51}{space 1}    4.00{col 60}{space 3}0.000{col 68}{space 4} .1711976{col 81}{space 3}  .506186
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .4077599{col 40}{space 2} .0862558{col 51}{space 1}    4.73{col 60}{space 3}0.000{col 68}{space 4} .2372381{col 81}{space 3} .5782817
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .3087257{col 40}{space 2}  .076282{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4} .1579214{col 81}{space 3}   .45953
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .3545063{col 40}{space 2} .0824633{col 51}{space 1}    4.30{col 60}{space 3}0.000{col 68}{space 4} .1914819{col 81}{space 3} .5175306
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .3320658{col 40}{space 2}  .080822{col 51}{space 1}    4.11{col 60}{space 3}0.000{col 68}{space 4} .1722862{col 81}{space 3} .4918455
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .3469926{col 40}{space 2} .0776852{col 51}{space 1}    4.47{col 60}{space 3}0.000{col 68}{space 4} .1934143{col 81}{space 3} .5005709
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .3470732{col 40}{space 2} .0760672{col 51}{space 1}    4.56{col 60}{space 3}0.000{col 68}{space 4} .1966936{col 81}{space 3} .4974529
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .3925701{col 40}{space 2} .0828089{col 51}{space 1}    4.74{col 60}{space 3}0.000{col 68}{space 4} .2288627{col 81}{space 3} .5562776
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .3378733{col 40}{space 2} .0815894{col 51}{space 1}    4.14{col 60}{space 3}0.000{col 68}{space 4} .1765767{col 81}{space 3} .4991698
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .4193379{col 40}{space 2} .0867422{col 51}{space 1}    4.83{col 60}{space 3}0.000{col 68}{space 4} .2478546{col 81}{space 3} .5908213
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .3575939{col 40}{space 2} .0886694{col 51}{space 1}    4.03{col 60}{space 3}0.000{col 68}{space 4} .1823006{col 81}{space 3} .5328872
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .2974159{col 40}{space 2} .0855688{col 51}{space 1}    3.48{col 60}{space 3}0.001{col 68}{space 4} .1282523{col 81}{space 3} .4665795
{txt}{space 21}2008  {c |}{col 28}{res}{space 2}  .442005{col 40}{space 2} .0864508{col 51}{space 1}    5.11{col 60}{space 3}0.000{col 68}{space 4} .2710976{col 81}{space 3} .6129123
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .3834686{col 40}{space 2} .0752895{col 51}{space 1}    5.09{col 60}{space 3}0.000{col 68}{space 4} .2346264{col 81}{space 3} .5323108
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .3841284{col 40}{space 2} .0732956{col 51}{space 1}    5.24{col 60}{space 3}0.000{col 68}{space 4} .2392281{col 81}{space 3} .5290288
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .3533573{col 40}{space 2} .0675841{col 51}{space 1}    5.23{col 60}{space 3}0.000{col 68}{space 4} .2197482{col 81}{space 3} .4869665
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .3908292{col 40}{space 2} .0779833{col 51}{space 1}    5.01{col 60}{space 3}0.000{col 68}{space 4} .2366615{col 81}{space 3} .5449969
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .3837374{col 40}{space 2} .0841979{col 51}{space 1}    4.56{col 60}{space 3}0.000{col 68}{space 4} .2172839{col 81}{space 3} .5501909
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .4232521{col 40}{space 2} .0869449{col 51}{space 1}    4.87{col 60}{space 3}0.000{col 68}{space 4}  .251368{col 81}{space 3} .5951363
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .4127731{col 40}{space 2} .0830552{col 51}{space 1}    4.97{col 60}{space 3}0.000{col 68}{space 4} .2485786{col 81}{space 3} .5769675
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .4004341{col 40}{space 2} .0868719{col 51}{space 1}    4.61{col 60}{space 3}0.000{col 68}{space 4} .2286944{col 81}{space 3} .5721739
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .3520722{col 40}{space 2} .0766382{col 51}{space 1}    4.59{col 60}{space 3}0.000{col 68}{space 4} .2005638{col 81}{space 3} .5035807
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .3605492{col 40}{space 2} .0738223{col 51}{space 1}    4.88{col 60}{space 3}0.000{col 68}{space 4} .2146077{col 81}{space 3} .5064908
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .3007477{col 40}{space 2} .0724308{col 51}{space 1}    4.15{col 60}{space 3}0.000{col 68}{space 4}  .157557{col 81}{space 3} .4439384
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .3134697{col 40}{space 2} .0696793{col 51}{space 1}    4.50{col 60}{space 3}0.000{col 68}{space 4} .1757186{col 81}{space 3} .4512209
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0702217{col 40}{space 2} .0707633{col 51}{space 1}    0.99{col 60}{space 3}0.323{col 68}{space 4}-.0696724{col 81}{space 3} .2101159
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .14811539
                   {txt}sigma_e {c |} {res} .26157349
                       {txt}rho {c |} {res} .24278935{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_secstate
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,586
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0932{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0029{col 63}{txt}avg{col 67}={col 69}{res}      39.6
{txt}     overall = {res}0.0499{col 63}{txt}max{col 67}={col 69}{res}        71

{txt}{col 49}F({res}77{txt},{res}140{txt}){col 67}={col 70}{res}    11.08
{txt}corr(u_i, Xb){col 16}= {res}-0.1759{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}         ln_visit_secstate{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2} .0175516{col 40}{space 2} .0064243{col 51}{space 1}    2.73{col 60}{space 3}0.007{col 68}{space 4} .0048504{col 81}{space 3} .0302528
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.0483225{col 40}{space 2} .0197176{col 51}{space 1}   -2.45{col 60}{space 3}0.015{col 68}{space 4}-.0873052{col 81}{space 3}-.0093398
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2} .0813552{col 40}{space 2} .0725319{col 51}{space 1}    1.12{col 60}{space 3}0.264{col 68}{space 4}-.0620443{col 81}{space 3} .2247546
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2}-.0015598{col 40}{space 2} .0091624{col 51}{space 1}   -0.17{col 60}{space 3}0.865{col 68}{space 4}-.0196743{col 81}{space 3} .0165547
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2}-.0470283{col 40}{space 2} .0788716{col 51}{space 1}   -0.60{col 60}{space 3}0.552{col 68}{space 4}-.2029616{col 81}{space 3} .1089051
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2}-.0312311{col 40}{space 2}  .017816{col 51}{space 1}   -1.75{col 60}{space 3}0.082{col 68}{space 4}-.0664542{col 81}{space 3} .0039921
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2} .0096108{col 40}{space 2} .0138899{col 51}{space 1}    0.69{col 60}{space 3}0.490{col 68}{space 4}-.0178503{col 81}{space 3} .0370719
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2} .0045101{col 40}{space 2} .0084099{col 51}{space 1}    0.54{col 60}{space 3}0.593{col 68}{space 4}-.0121167{col 81}{space 3} .0211368
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .0047499{col 40}{space 2}  .008312{col 51}{space 1}    0.57{col 60}{space 3}0.569{col 68}{space 4}-.0116833{col 81}{space 3} .0211832
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} .0233929{col 40}{space 2} .0178846{col 51}{space 1}    1.31{col 60}{space 3}0.193{col 68}{space 4} -.011966{col 81}{space 3} .0587517
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .1570466{col 40}{space 2} .0452243{col 51}{space 1}    3.47{col 60}{space 3}0.001{col 68}{space 4} .0676356{col 81}{space 3} .2464576
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0654665{col 40}{space 2} .0266535{col 51}{space 1}    2.46{col 60}{space 3}0.015{col 68}{space 4} .0127712{col 81}{space 3} .1181618
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0912927{col 40}{space 2}  .038409{col 51}{space 1}    2.38{col 60}{space 3}0.019{col 68}{space 4} .0153561{col 81}{space 3} .1672293
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .1290553{col 40}{space 2} .0405461{col 51}{space 1}    3.18{col 60}{space 3}0.002{col 68}{space 4} .0488935{col 81}{space 3} .2092172
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0352823{col 40}{space 2} .0195725{col 51}{space 1}    1.80{col 60}{space 3}0.074{col 68}{space 4}-.0034136{col 81}{space 3} .0739782
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0698765{col 40}{space 2} .0334908{col 51}{space 1}    2.09{col 60}{space 3}0.039{col 68}{space 4} .0036634{col 81}{space 3} .1360896
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} .0005897{col 40}{space 2} .0184492{col 51}{space 1}    0.03{col 60}{space 3}0.975{col 68}{space 4}-.0358853{col 81}{space 3} .0370647
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .0845397{col 40}{space 2} .0364729{col 51}{space 1}    2.32{col 60}{space 3}0.022{col 68}{space 4} .0124307{col 81}{space 3} .1566486
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0674787{col 40}{space 2} .0280688{col 51}{space 1}    2.40{col 60}{space 3}0.018{col 68}{space 4} .0119853{col 81}{space 3} .1229722
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0529437{col 40}{space 2} .0265671{col 51}{space 1}    1.99{col 60}{space 3}0.048{col 68}{space 4} .0004192{col 81}{space 3} .1054683
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .1252577{col 40}{space 2} .0329556{col 51}{space 1}    3.80{col 60}{space 3}0.000{col 68}{space 4} .0601026{col 81}{space 3} .1904127
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .1177604{col 40}{space 2} .0308095{col 51}{space 1}    3.82{col 60}{space 3}0.000{col 68}{space 4} .0568484{col 81}{space 3} .1786723
{txt}{space 21}1965  {c |}{col 28}{res}{space 2} .1205086{col 40}{space 2} .0292684{col 51}{space 1}    4.12{col 60}{space 3}0.000{col 68}{space 4} .0626434{col 81}{space 3} .1783738
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .1222458{col 40}{space 2} .0336329{col 51}{space 1}    3.63{col 60}{space 3}0.000{col 68}{space 4} .0557516{col 81}{space 3} .1887399
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .1437102{col 40}{space 2} .0354668{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4} .0735904{col 81}{space 3}   .21383
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .2044882{col 40}{space 2}   .04425{col 51}{space 1}    4.62{col 60}{space 3}0.000{col 68}{space 4} .1170036{col 81}{space 3} .2919727
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .2630289{col 40}{space 2} .0425302{col 51}{space 1}    6.18{col 60}{space 3}0.000{col 68}{space 4} .1789444{col 81}{space 3} .3471134
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .1846093{col 40}{space 2} .0430012{col 51}{space 1}    4.29{col 60}{space 3}0.000{col 68}{space 4} .0995936{col 81}{space 3}  .269625
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .1989188{col 40}{space 2} .0405573{col 51}{space 1}    4.90{col 60}{space 3}0.000{col 68}{space 4} .1187348{col 81}{space 3} .2791027
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .2762026{col 40}{space 2} .0490277{col 51}{space 1}    5.63{col 60}{space 3}0.000{col 68}{space 4} .1792721{col 81}{space 3} .3731331
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .3380139{col 40}{space 2} .0726106{col 51}{space 1}    4.66{col 60}{space 3}0.000{col 68}{space 4} .1944588{col 81}{space 3}  .481569
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .2465896{col 40}{space 2} .0544062{col 51}{space 1}    4.53{col 60}{space 3}0.000{col 68}{space 4} .1390255{col 81}{space 3} .3541536
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} .2944812{col 40}{space 2} .0495757{col 51}{space 1}    5.94{col 60}{space 3}0.000{col 68}{space 4} .1964674{col 81}{space 3} .3924951
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .2662718{col 40}{space 2} .0593708{col 51}{space 1}    4.48{col 60}{space 3}0.000{col 68}{space 4} .1488925{col 81}{space 3} .3836512
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .2888018{col 40}{space 2} .0659041{col 51}{space 1}    4.38{col 60}{space 3}0.000{col 68}{space 4} .1585058{col 81}{space 3} .4190978
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .1936522{col 40}{space 2}  .046203{col 51}{space 1}    4.19{col 60}{space 3}0.000{col 68}{space 4} .1023065{col 81}{space 3}  .284998
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .1671048{col 40}{space 2} .0397342{col 51}{space 1}    4.21{col 60}{space 3}0.000{col 68}{space 4} .0885482{col 81}{space 3} .2456615
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .2113924{col 40}{space 2} .0476237{col 51}{space 1}    4.44{col 60}{space 3}0.000{col 68}{space 4} .1172377{col 81}{space 3}  .305547
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .2329802{col 40}{space 2} .0492615{col 51}{space 1}    4.73{col 60}{space 3}0.000{col 68}{space 4} .1355876{col 81}{space 3} .3303728
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .2893443{col 40}{space 2} .0608013{col 51}{space 1}    4.76{col 60}{space 3}0.000{col 68}{space 4} .1691368{col 81}{space 3} .4095518
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .2503569{col 40}{space 2} .0482165{col 51}{space 1}    5.19{col 60}{space 3}0.000{col 68}{space 4} .1550303{col 81}{space 3} .3456835
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .2522791{col 40}{space 2} .0551501{col 51}{space 1}    4.57{col 60}{space 3}0.000{col 68}{space 4} .1432444{col 81}{space 3} .3613139
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .2552631{col 40}{space 2} .0506195{col 51}{space 1}    5.04{col 60}{space 3}0.000{col 68}{space 4} .1551857{col 81}{space 3} .3553406
{txt}{space 21}1987  {c |}{col 28}{res}{space 2}  .275322{col 40}{space 2} .0614569{col 51}{space 1}    4.48{col 60}{space 3}0.000{col 68}{space 4} .1538184{col 81}{space 3} .3968255
{txt}{space 21}1988  {c |}{col 28}{res}{space 2}  .357392{col 40}{space 2} .0779089{col 51}{space 1}    4.59{col 60}{space 3}0.000{col 68}{space 4} .2033619{col 81}{space 3}  .511422
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .2555567{col 40}{space 2} .0585159{col 51}{space 1}    4.37{col 60}{space 3}0.000{col 68}{space 4} .1398676{col 81}{space 3} .3712458
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .3324239{col 40}{space 2} .0807762{col 51}{space 1}    4.12{col 60}{space 3}0.000{col 68}{space 4}  .172725{col 81}{space 3} .4921228
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .4169593{col 40}{space 2} .0936095{col 51}{space 1}    4.45{col 60}{space 3}0.000{col 68}{space 4} .2318882{col 81}{space 3} .6020304
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .2954443{col 40}{space 2} .0693122{col 51}{space 1}    4.26{col 60}{space 3}0.000{col 68}{space 4} .1584103{col 81}{space 3} .4324783
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .3376259{col 40}{space 2}  .081014{col 51}{space 1}    4.17{col 60}{space 3}0.000{col 68}{space 4} .1774567{col 81}{space 3}  .497795
{txt}{space 21}1994  {c |}{col 28}{res}{space 2}  .372449{col 40}{space 2} .0867751{col 51}{space 1}    4.29{col 60}{space 3}0.000{col 68}{space 4}   .20089{col 81}{space 3} .5440079
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .3039751{col 40}{space 2} .0739183{col 51}{space 1}    4.11{col 60}{space 3}0.000{col 68}{space 4} .1578347{col 81}{space 3} .4501155
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .3484119{col 40}{space 2} .0767681{col 51}{space 1}    4.54{col 60}{space 3}0.000{col 68}{space 4} .1966372{col 81}{space 3} .5001865
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .4206575{col 40}{space 2} .0802869{col 51}{space 1}    5.24{col 60}{space 3}0.000{col 68}{space 4}  .261926{col 81}{space 3} .5793889
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .3301641{col 40}{space 2} .0714721{col 51}{space 1}    4.62{col 60}{space 3}0.000{col 68}{space 4} .1888599{col 81}{space 3} .4714682
{txt}{space 21}1999  {c |}{col 28}{res}{space 2}  .384828{col 40}{space 2} .0794316{col 51}{space 1}    4.84{col 60}{space 3}0.000{col 68}{space 4} .2277876{col 81}{space 3} .5418685
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .3672141{col 40}{space 2} .0756696{col 51}{space 1}    4.85{col 60}{space 3}0.000{col 68}{space 4} .2176112{col 81}{space 3}  .516817
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .3613143{col 40}{space 2} .0706775{col 51}{space 1}    5.11{col 60}{space 3}0.000{col 68}{space 4} .2215812{col 81}{space 3} .5010475
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .3655511{col 40}{space 2} .0703035{col 51}{space 1}    5.20{col 60}{space 3}0.000{col 68}{space 4} .2265572{col 81}{space 3}  .504545
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .4217136{col 40}{space 2} .0771542{col 51}{space 1}    5.47{col 60}{space 3}0.000{col 68}{space 4} .2691756{col 81}{space 3} .5742515
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .3483456{col 40}{space 2}  .073386{col 51}{space 1}    4.75{col 60}{space 3}0.000{col 68}{space 4} .2032575{col 81}{space 3} .4934337
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .4354026{col 40}{space 2} .0824792{col 51}{space 1}    5.28{col 60}{space 3}0.000{col 68}{space 4} .2723368{col 81}{space 3} .5984684
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .3743421{col 40}{space 2} .0822351{col 51}{space 1}    4.55{col 60}{space 3}0.000{col 68}{space 4} .2117589{col 81}{space 3} .5369254
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .3231978{col 40}{space 2} .0833444{col 51}{space 1}    3.88{col 60}{space 3}0.000{col 68}{space 4} .1584215{col 81}{space 3} .4879741
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .4641731{col 40}{space 2} .0824186{col 51}{space 1}    5.63{col 60}{space 3}0.000{col 68}{space 4} .3012272{col 81}{space 3} .6271191
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .3966911{col 40}{space 2} .0668926{col 51}{space 1}    5.93{col 60}{space 3}0.000{col 68}{space 4} .2644408{col 81}{space 3} .5289414
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .4168551{col 40}{space 2} .0707744{col 51}{space 1}    5.89{col 60}{space 3}0.000{col 68}{space 4} .2769304{col 81}{space 3} .5567798
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .3759612{col 40}{space 2}  .061718{col 51}{space 1}    6.09{col 60}{space 3}0.000{col 68}{space 4} .2539414{col 81}{space 3} .4979809
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .4195017{col 40}{space 2} .0730175{col 51}{space 1}    5.75{col 60}{space 3}0.000{col 68}{space 4} .2751423{col 81}{space 3} .5638612
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .3964363{col 40}{space 2} .0783167{col 51}{space 1}    5.06{col 60}{space 3}0.000{col 68}{space 4} .2415998{col 81}{space 3} .5512727
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .4412047{col 40}{space 2}  .080713{col 51}{space 1}    5.47{col 60}{space 3}0.000{col 68}{space 4} .2816307{col 81}{space 3} .6007786
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .4346303{col 40}{space 2} .0766618{col 51}{space 1}    5.67{col 60}{space 3}0.000{col 68}{space 4} .2830657{col 81}{space 3} .5861949
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .4257856{col 40}{space 2} .0838108{col 51}{space 1}    5.08{col 60}{space 3}0.000{col 68}{space 4} .2600871{col 81}{space 3}  .591484
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .3747488{col 40}{space 2} .0721369{col 51}{space 1}    5.19{col 60}{space 3}0.000{col 68}{space 4} .2321303{col 81}{space 3} .5173674
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .3857069{col 40}{space 2} .0678174{col 51}{space 1}    5.69{col 60}{space 3}0.000{col 68}{space 4} .2516282{col 81}{space 3} .5197857
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .3308465{col 40}{space 2} .0669859{col 51}{space 1}    4.94{col 60}{space 3}0.000{col 68}{space 4} .1984118{col 81}{space 3} .4632812
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .3421354{col 40}{space 2} .0646252{col 51}{space 1}    5.29{col 60}{space 3}0.000{col 68}{space 4} .2143679{col 81}{space 3} .4699028
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0124571{col 40}{space 2}  .067457{col 51}{space 1}    0.18{col 60}{space 3}0.854{col 68}{space 4} -.120909{col 81}{space 3} .1458232
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .15132873
                   {txt}sigma_e {c |} {res} .26214581
                       {txt}rho {c |} {res} .24994742{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_president
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,836
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0546{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0037{col 63}{txt}avg{col 67}={col 69}{res}      41.1
{txt}     overall = {res}0.0274{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}     3.36
{txt}corr(u_i, Xb){col 16}= {res}-0.2422{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}     ln_visit_president{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2}  .000254{col 37}{space 2} .0023744{col 48}{space 1}    0.11{col 57}{space 3}0.915{col 65}{space 4}  -.00444{col 78}{space 3}  .004948
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2} -.022374{col 37}{space 2} .0096639{col 48}{space 1}   -2.32{col 57}{space 3}0.022{col 65}{space 4} -.041479{col 78}{space 3}-.0032691
{txt}{space 13}tournament {c |}{col 25}{res}{space 2} .0063901{col 37}{space 2} .0323027{col 48}{space 1}    0.20{col 57}{space 3}0.843{col 65}{space 4}  -.05747{col 78}{space 3} .0702503
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2}-.0017057{col 37}{space 2} .0028561{col 48}{space 1}   -0.60{col 57}{space 3}0.551{col 65}{space 4} -.007352{col 78}{space 3} .0039406
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2}-.0003632{col 37}{space 2}  .020641{col 48}{space 1}   -0.02{col 57}{space 3}0.986{col 65}{space 4} -.041169{col 78}{space 3} .0404426
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2}-.0053522{col 37}{space 2} .0070672{col 48}{space 1}   -0.76{col 57}{space 3}0.450{col 65}{space 4}-.0193235{col 78}{space 3} .0086191
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2}  .000139{col 37}{space 2} .0067918{col 48}{space 1}    0.02{col 57}{space 3}0.984{col 65}{space 4}-.0132879{col 78}{space 3} .0135659
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2}-.0342188{col 37}{space 2} .0251382{col 48}{space 1}   -1.36{col 57}{space 3}0.176{col 65}{space 4}-.0839154{col 78}{space 3} .0154778
{txt}{space 18}1949  {c |}{col 25}{res}{space 2}-.0326851{col 37}{space 2} .0250708{col 48}{space 1}   -1.30{col 57}{space 3}0.194{col 65}{space 4}-.0822484{col 78}{space 3} .0168783
{txt}{space 18}1950  {c |}{col 25}{res}{space 2}-.0345289{col 37}{space 2}  .025711{col 48}{space 1}   -1.34{col 57}{space 3}0.181{col 65}{space 4}-.0853578{col 78}{space 3}    .0163
{txt}{space 18}1951  {c |}{col 25}{res}{space 2} -.029253{col 37}{space 2} .0251542{col 48}{space 1}   -1.16{col 57}{space 3}0.247{col 65}{space 4} -.078981{col 78}{space 3} .0204751
{txt}{space 18}1952  {c |}{col 25}{res}{space 2}-.0222078{col 37}{space 2} .0263176{col 48}{space 1}   -0.84{col 57}{space 3}0.400{col 65}{space 4} -.074236{col 78}{space 3} .0298204
{txt}{space 18}1953  {c |}{col 25}{res}{space 2}-.0140078{col 37}{space 2} .0184535{col 48}{space 1}   -0.76{col 57}{space 3}0.449{col 65}{space 4}-.0504892{col 78}{space 3} .0224735
{txt}{space 18}1954  {c |}{col 25}{res}{space 2}-.0344679{col 37}{space 2}   .02563{col 48}{space 1}   -1.34{col 57}{space 3}0.181{col 65}{space 4}-.0851367{col 78}{space 3}  .016201
{txt}{space 18}1955  {c |}{col 25}{res}{space 2}-.0226168{col 37}{space 2} .0256501{col 48}{space 1}   -0.88{col 57}{space 3}0.379{col 65}{space 4}-.0733252{col 78}{space 3} .0280916
{txt}{space 18}1956  {c |}{col 25}{res}{space 2}-.0226786{col 37}{space 2} .0282916{col 48}{space 1}   -0.80{col 57}{space 3}0.424{col 65}{space 4}-.0786091{col 78}{space 3} .0332519
{txt}{space 18}1957  {c |}{col 25}{res}{space 2} -.032736{col 37}{space 2} .0240814{col 48}{space 1}   -1.36{col 57}{space 3}0.176{col 65}{space 4}-.0803431{col 78}{space 3} .0148712
{txt}{space 18}1958  {c |}{col 25}{res}{space 2}-.0327432{col 37}{space 2} .0240816{col 48}{space 1}   -1.36{col 57}{space 3}0.176{col 65}{space 4}-.0803508{col 78}{space 3} .0148644
{txt}{space 18}1959  {c |}{col 25}{res}{space 2} .0892705{col 37}{space 2} .0387988{col 48}{space 1}    2.30{col 57}{space 3}0.023{col 65}{space 4} .0125679{col 78}{space 3} .1659731
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} .0382094{col 37}{space 2} .0224538{col 48}{space 1}    1.70{col 57}{space 3}0.091{col 65}{space 4}-.0061803{col 78}{space 3} .0825992
{txt}{space 18}1961  {c |}{col 25}{res}{space 2}-.0010986{col 37}{space 2}  .026221{col 48}{space 1}   -0.04{col 57}{space 3}0.967{col 65}{space 4}-.0529358{col 78}{space 3} .0507386
{txt}{space 18}1962  {c |}{col 25}{res}{space 2} .0072575{col 37}{space 2} .0219947{col 48}{space 1}    0.33{col 57}{space 3}0.742{col 65}{space 4}-.0362245{col 78}{space 3} .0507395
{txt}{space 18}1963  {c |}{col 25}{res}{space 2}-.0071212{col 37}{space 2} .0247141{col 48}{space 1}   -0.29{col 57}{space 3}0.774{col 65}{space 4}-.0559793{col 78}{space 3} .0417369
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} .0039372{col 37}{space 2} .0258157{col 48}{space 1}    0.15{col 57}{space 3}0.879{col 65}{space 4}-.0470986{col 78}{space 3}  .054973
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} .0430323{col 37}{space 2} .0271997{col 48}{space 1}    1.58{col 57}{space 3}0.116{col 65}{space 4}-.0107397{col 78}{space 3} .0968043
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} .0374352{col 37}{space 2} .0271494{col 48}{space 1}    1.38{col 57}{space 3}0.170{col 65}{space 4}-.0162373{col 78}{space 3} .0911077
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} .0403751{col 37}{space 2} .0308775{col 48}{space 1}    1.31{col 57}{space 3}0.193{col 65}{space 4}-.0206676{col 78}{space 3} .1014179
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} .0504183{col 37}{space 2} .0278811{col 48}{space 1}    1.81{col 57}{space 3}0.073{col 65}{space 4}-.0047007{col 78}{space 3} .1055373
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} .0287076{col 37}{space 2} .0248525{col 48}{space 1}    1.16{col 57}{space 3}0.250{col 65}{space 4}-.0204242{col 78}{space 3} .0778394
{txt}{space 18}1971  {c |}{col 25}{res}{space 2} .0020039{col 37}{space 2} .0244638{col 48}{space 1}    0.08{col 57}{space 3}0.935{col 65}{space 4}-.0463595{col 78}{space 3} .0503672
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} .0326989{col 37}{space 2} .0317712{col 48}{space 1}    1.03{col 57}{space 3}0.305{col 65}{space 4}-.0301106{col 78}{space 3} .0955084
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} .0064068{col 37}{space 2} .0259233{col 48}{space 1}    0.25{col 57}{space 3}0.805{col 65}{space 4}-.0448418{col 78}{space 3} .0576554
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} .0574382{col 37}{space 2} .0342807{col 48}{space 1}    1.68{col 57}{space 3}0.096{col 65}{space 4}-.0103324{col 78}{space 3} .1252089
{txt}{space 18}1975  {c |}{col 25}{res}{space 2} .0586579{col 37}{space 2} .0316393{col 48}{space 1}    1.85{col 57}{space 3}0.066{col 65}{space 4}-.0038907{col 78}{space 3} .1212066
{txt}{space 18}1976  {c |}{col 25}{res}{space 2} .0228277{col 37}{space 2} .0285399{col 48}{space 1}    0.80{col 57}{space 3}0.425{col 65}{space 4}-.0335937{col 78}{space 3}  .079249
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} .0176138{col 37}{space 2} .0270336{col 48}{space 1}    0.65{col 57}{space 3}0.516{col 65}{space 4}-.0358298{col 78}{space 3} .0710573
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} .0574476{col 37}{space 2} .0293313{col 48}{space 1}    1.96{col 57}{space 3}0.052{col 65}{space 4}-.0005383{col 78}{space 3} .1154335
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} .0309603{col 37}{space 2} .0272581{col 48}{space 1}    1.14{col 57}{space 3}0.258{col 65}{space 4} -.022927{col 78}{space 3} .0848477
{txt}{space 18}1980  {c |}{col 25}{res}{space 2} .0245586{col 37}{space 2} .0270464{col 48}{space 1}    0.91{col 57}{space 3}0.365{col 65}{space 4}-.0289103{col 78}{space 3} .0780274
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} .0347602{col 37}{space 2} .0258169{col 48}{space 1}    1.35{col 57}{space 3}0.180{col 65}{space 4}-.0162779{col 78}{space 3} .0857984
{txt}{space 18}1982  {c |}{col 25}{res}{space 2} .0553398{col 37}{space 2} .0243905{col 48}{space 1}    2.27{col 57}{space 3}0.025{col 65}{space 4} .0071215{col 78}{space 3} .1035581
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} .0295576{col 37}{space 2} .0257935{col 48}{space 1}    1.15{col 57}{space 3}0.254{col 65}{space 4}-.0214344{col 78}{space 3} .0805495
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} .0352649{col 37}{space 2} .0300567{col 48}{space 1}    1.17{col 57}{space 3}0.243{col 65}{space 4}-.0241551{col 78}{space 3} .0946849
{txt}{space 18}1985  {c |}{col 25}{res}{space 2} .0286395{col 37}{space 2} .0290886{col 48}{space 1}    0.98{col 57}{space 3}0.327{col 65}{space 4}-.0288667{col 78}{space 3} .0861458
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} .0446157{col 37}{space 2} .0285918{col 48}{space 1}    1.56{col 57}{space 3}0.121{col 65}{space 4}-.0119084{col 78}{space 3} .1011398
{txt}{space 18}1987  {c |}{col 25}{res}{space 2} .0346852{col 37}{space 2} .0304212{col 48}{space 1}    1.14{col 57}{space 3}0.256{col 65}{space 4}-.0254554{col 78}{space 3} .0948258
{txt}{space 18}1988  {c |}{col 25}{res}{space 2} .0481262{col 37}{space 2} .0326861{col 48}{space 1}    1.47{col 57}{space 3}0.143{col 65}{space 4} -.016492{col 78}{space 3} .1127445
{txt}{space 18}1989  {c |}{col 25}{res}{space 2} .0576926{col 37}{space 2} .0330194{col 48}{space 1}    1.75{col 57}{space 3}0.083{col 65}{space 4}-.0075845{col 78}{space 3} .1229697
{txt}{space 18}1990  {c |}{col 25}{res}{space 2} .0724585{col 37}{space 2} .0340863{col 48}{space 1}    2.13{col 57}{space 3}0.035{col 65}{space 4} .0050722{col 78}{space 3} .1398449
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} .0490648{col 37}{space 2} .0366569{col 48}{space 1}    1.34{col 57}{space 3}0.183{col 65}{space 4}-.0234033{col 78}{space 3} .1215329
{txt}{space 18}1992  {c |}{col 25}{res}{space 2} .0594569{col 37}{space 2} .0357816{col 48}{space 1}    1.66{col 57}{space 3}0.099{col 65}{space 4}-.0112809{col 78}{space 3} .1301947
{txt}{space 18}1993  {c |}{col 25}{res}{space 2} .0465442{col 37}{space 2} .0361986{col 48}{space 1}    1.29{col 57}{space 3}0.201{col 65}{space 4} -.025018{col 78}{space 3} .1181063
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} .0983062{col 37}{space 2} .0439646{col 48}{space 1}    2.24{col 57}{space 3}0.027{col 65}{space 4} .0113912{col 78}{space 3} .1852212
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} .0595427{col 37}{space 2} .0388071{col 48}{space 1}    1.53{col 57}{space 3}0.127{col 65}{space 4}-.0171763{col 78}{space 3} .1362617
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} .0881934{col 37}{space 2} .0415736{col 48}{space 1}    2.12{col 57}{space 3}0.036{col 65}{space 4} .0060053{col 78}{space 3} .1703816
{txt}{space 18}1997  {c |}{col 25}{res}{space 2} .0456962{col 37}{space 2} .0305626{col 48}{space 1}    1.50{col 57}{space 3}0.137{col 65}{space 4}-.0147239{col 78}{space 3} .1061163
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} .0776612{col 37}{space 2} .0376584{col 48}{space 1}    2.06{col 57}{space 3}0.041{col 65}{space 4}  .003213{col 78}{space 3} .1521093
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} .0681434{col 37}{space 2} .0322301{col 48}{space 1}    2.11{col 57}{space 3}0.036{col 65}{space 4} .0044268{col 78}{space 3} .1318601
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} .1182416{col 37}{space 2} .0439148{col 48}{space 1}    2.69{col 57}{space 3}0.008{col 65}{space 4}  .031425{col 78}{space 3} .2050582
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} .0513985{col 37}{space 2} .0299776{col 48}{space 1}    1.71{col 57}{space 3}0.089{col 65}{space 4}-.0078652{col 78}{space 3} .1106623
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} .0680825{col 37}{space 2} .0398251{col 48}{space 1}    1.71{col 57}{space 3}0.090{col 65}{space 4}-.0106489{col 78}{space 3}  .146814
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} .1113143{col 37}{space 2} .0434328{col 48}{space 1}    2.56{col 57}{space 3}0.011{col 65}{space 4} .0254507{col 78}{space 3}  .197178
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} .0437184{col 37}{space 2} .0297948{col 48}{space 1}    1.47{col 57}{space 3}0.145{col 65}{space 4} -.015184{col 78}{space 3} .1026207
{txt}{space 18}2005  {c |}{col 25}{res}{space 2}  .064158{col 37}{space 2} .0376284{col 48}{space 1}    1.71{col 57}{space 3}0.090{col 65}{space 4}-.0102308{col 78}{space 3} .1385467
{txt}{space 18}2006  {c |}{col 25}{res}{space 2} .1091901{col 37}{space 2} .0440165{col 48}{space 1}    2.48{col 57}{space 3}0.014{col 65}{space 4} .0221726{col 78}{space 3} .1962077
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} .0518582{col 37}{space 2} .0315067{col 48}{space 1}    1.65{col 57}{space 3}0.102{col 65}{space 4}-.0104283{col 78}{space 3} .1141447
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} .1571314{col 37}{space 2}  .049337{col 48}{space 1}    3.18{col 57}{space 3}0.002{col 65}{space 4} .0595956{col 78}{space 3} .2546672
{txt}{space 18}2009  {c |}{col 25}{res}{space 2} .0911004{col 37}{space 2} .0406906{col 48}{space 1}    2.24{col 57}{space 3}0.027{col 65}{space 4} .0106579{col 78}{space 3}  .171543
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} .0525826{col 37}{space 2} .0312575{col 48}{space 1}    1.68{col 57}{space 3}0.095{col 65}{space 4}-.0092114{col 78}{space 3} .1143766
{txt}{space 18}2011  {c |}{col 25}{res}{space 2} .0364217{col 37}{space 2} .0281087{col 48}{space 1}    1.30{col 57}{space 3}0.197{col 65}{space 4}-.0191473{col 78}{space 3} .0919907
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} .0658019{col 37}{space 2} .0319278{col 48}{space 1}    2.06{col 57}{space 3}0.041{col 65}{space 4} .0026829{col 78}{space 3}  .128921
{txt}{space 18}2013  {c |}{col 25}{res}{space 2} .0668051{col 37}{space 2} .0365465{col 48}{space 1}    1.83{col 57}{space 3}0.070{col 65}{space 4}-.0054448{col 78}{space 3}  .139055
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} .0834713{col 37}{space 2} .0365504{col 48}{space 1}    2.28{col 57}{space 3}0.024{col 65}{space 4} .0112137{col 78}{space 3}  .155729
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} .0732098{col 37}{space 2} .0345578{col 48}{space 1}    2.12{col 57}{space 3}0.036{col 65}{space 4} .0048913{col 78}{space 3} .1415282
{txt}{space 18}2016  {c |}{col 25}{res}{space 2}  .081513{col 37}{space 2} .0351933{col 48}{space 1}    2.32{col 57}{space 3}0.022{col 65}{space 4} .0119382{col 78}{space 3} .1510878
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} .0645127{col 37}{space 2} .0328462{col 48}{space 1}    1.96{col 57}{space 3}0.051{col 65}{space 4}-.0004219{col 78}{space 3} .1294473
{txt}{space 18}2018  {c |}{col 25}{res}{space 2} .0439492{col 37}{space 2} .0290225{col 48}{space 1}    1.51{col 57}{space 3}0.132{col 65}{space 4}-.0134262{col 78}{space 3} .1013247
{txt}{space 18}2019  {c |}{col 25}{res}{space 2} .0499518{col 37}{space 2} .0301442{col 48}{space 1}    1.66{col 57}{space 3}0.100{col 65}{space 4}-.0096411{col 78}{space 3} .1095448
{txt}{space 18}2020  {c |}{col 25}{res}{space 2} .0443819{col 37}{space 2} .0284668{col 48}{space 1}    1.56{col 57}{space 3}0.121{col 65}{space 4} -.011895{col 78}{space 3} .1006589
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2} .0549294{col 37}{space 2} .0267068{col 48}{space 1}    2.06{col 57}{space 3}0.042{col 65}{space 4} .0021318{col 78}{space 3} .1077269
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res} .04716341
                {txt}sigma_e {c |} {res} .11918622
                    {txt}rho {c |} {res} .13538781{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_president
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,712
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0562{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0015{col 63}{txt}avg{col 67}={col 69}{res}      40.2
{txt}     overall = {res}0.0269{col 63}{txt}max{col 67}={col 69}{res}        72

{txt}{col 49}F({res}78{txt},{res}141{txt}){col 67}={col 70}{res}     4.58
{txt}corr(u_i, Xb){col 16}= {res}-0.2593{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_visit_president{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2} .0024829{col 40}{space 2} .0020637{col 51}{space 1}    1.20{col 60}{space 3}0.231{col 68}{space 4}-.0015968{col 81}{space 3} .0065627
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2}-.0225785{col 40}{space 2} .0098636{col 51}{space 1}   -2.29{col 60}{space 3}0.024{col 68}{space 4}-.0420781{col 81}{space 3}-.0030789
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2}-.0146304{col 40}{space 2} .0260502{col 51}{space 1}   -0.56{col 60}{space 3}0.575{col 68}{space 4}-.0661299{col 81}{space 3} .0368692
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2}-.0037697{col 40}{space 2}  .002581{col 51}{space 1}   -1.46{col 60}{space 3}0.146{col 68}{space 4}-.0088721{col 81}{space 3} .0013327
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2} .0017878{col 40}{space 2}  .020319{col 51}{space 1}    0.09{col 60}{space 3}0.930{col 68}{space 4}-.0383813{col 81}{space 3}  .041957
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2} .0004118{col 40}{space 2} .0061125{col 51}{space 1}    0.07{col 60}{space 3}0.946{col 68}{space 4}-.0116721{col 81}{space 3} .0124957
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2}-.0110377{col 40}{space 2} .0036639{col 51}{space 1}   -3.01{col 60}{space 3}0.003{col 68}{space 4} -.018281{col 81}{space 3}-.0037944
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2} .0026151{col 40}{space 2} .0027824{col 51}{space 1}    0.94{col 60}{space 3}0.349{col 68}{space 4}-.0028856{col 81}{space 3} .0081157
{txt}{space 21}1950  {c |}{col 28}{res}{space 2} .0054982{col 40}{space 2} .0033163{col 51}{space 1}    1.66{col 60}{space 3}0.100{col 68}{space 4} -.001058{col 81}{space 3} .0120543
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .0035075{col 40}{space 2} .0036849{col 51}{space 1}    0.95{col 60}{space 3}0.343{col 68}{space 4}-.0037772{col 81}{space 3} .0107922
{txt}{space 21}1952  {c |}{col 28}{res}{space 2}  .008914{col 40}{space 2} .0045956{col 51}{space 1}    1.94{col 60}{space 3}0.054{col 68}{space 4}-.0001712{col 81}{space 3} .0179992
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .0329696{col 40}{space 2} .0193189{col 51}{space 1}    1.71{col 60}{space 3}0.090{col 68}{space 4}-.0052225{col 81}{space 3} .0711618
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0066666{col 40}{space 2} .0042847{col 51}{space 1}    1.56{col 60}{space 3}0.122{col 68}{space 4} -.001804{col 81}{space 3} .0151372
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0034148{col 40}{space 2} .0032102{col 51}{space 1}    1.06{col 60}{space 3}0.289{col 68}{space 4}-.0029316{col 81}{space 3} .0097612
{txt}{space 21}1956  {c |}{col 28}{res}{space 2}  .030904{col 40}{space 2} .0173261{col 51}{space 1}    1.78{col 60}{space 3}0.077{col 68}{space 4}-.0033486{col 81}{space 3} .0651566
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0013709{col 40}{space 2} .0052265{col 51}{space 1}    0.26{col 60}{space 3}0.793{col 68}{space 4}-.0089616{col 81}{space 3} .0117033
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0042849{col 40}{space 2} .0052308{col 51}{space 1}    0.82{col 60}{space 3}0.414{col 68}{space 4} -.006056{col 81}{space 3} .0146259
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} .1205309{col 40}{space 2} .0362727{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0488221{col 81}{space 3} .1922396
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .0767343{col 40}{space 2} .0280473{col 51}{space 1}    2.74{col 60}{space 3}0.007{col 68}{space 4} .0212868{col 81}{space 3} .1321819
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0254827{col 40}{space 2} .0137247{col 51}{space 1}    1.86{col 60}{space 3}0.065{col 68}{space 4}-.0016501{col 81}{space 3} .0526155
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0367989{col 40}{space 2} .0149548{col 51}{space 1}    2.46{col 60}{space 3}0.015{col 68}{space 4} .0072343{col 81}{space 3} .0663635
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .0362481{col 40}{space 2} .0117897{col 51}{space 1}    3.07{col 60}{space 3}0.003{col 68}{space 4} .0129406{col 81}{space 3} .0595556
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .0317602{col 40}{space 2} .0097407{col 51}{space 1}    3.26{col 60}{space 3}0.001{col 68}{space 4} .0125034{col 81}{space 3}  .051017
{txt}{space 21}1966  {c |}{col 28}{res}{space 2} .0800459{col 40}{space 2} .0250998{col 51}{space 1}    3.19{col 60}{space 3}0.002{col 68}{space 4} .0304254{col 81}{space 3} .1296665
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .0688589{col 40}{space 2} .0211871{col 51}{space 1}    3.25{col 60}{space 3}0.001{col 68}{space 4} .0269735{col 81}{space 3} .1107443
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .0836823{col 40}{space 2} .0208188{col 51}{space 1}    4.02{col 60}{space 3}0.000{col 68}{space 4}  .042525{col 81}{space 3} .1248396
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .0939073{col 40}{space 2} .0248954{col 51}{space 1}    3.77{col 60}{space 3}0.000{col 68}{space 4} .0446908{col 81}{space 3} .1431237
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .0660579{col 40}{space 2} .0178878{col 51}{space 1}    3.69{col 60}{space 3}0.000{col 68}{space 4} .0306949{col 81}{space 3}  .101421
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .0525121{col 40}{space 2} .0150221{col 51}{space 1}    3.50{col 60}{space 3}0.001{col 68}{space 4} .0228146{col 81}{space 3} .0822097
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .0615207{col 40}{space 2} .0192662{col 51}{space 1}    3.19{col 60}{space 3}0.002{col 68}{space 4} .0234327{col 81}{space 3} .0996086
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .0422943{col 40}{space 2} .0125232{col 51}{space 1}    3.38{col 60}{space 3}0.001{col 68}{space 4} .0175368{col 81}{space 3} .0670518
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .0986515{col 40}{space 2} .0305487{col 51}{space 1}    3.23{col 60}{space 3}0.002{col 68}{space 4} .0382589{col 81}{space 3} .1590441
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .0915966{col 40}{space 2} .0203496{col 51}{space 1}    4.50{col 60}{space 3}0.000{col 68}{space 4} .0513668{col 81}{space 3} .1318263
{txt}{space 21}1976  {c |}{col 28}{res}{space 2}  .047675{col 40}{space 2} .0142647{col 51}{space 1}    3.34{col 60}{space 3}0.001{col 68}{space 4} .0194745{col 81}{space 3} .0758754
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .0669732{col 40}{space 2} .0203427{col 51}{space 1}    3.29{col 60}{space 3}0.001{col 68}{space 4} .0267572{col 81}{space 3} .1071893
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .0967233{col 40}{space 2} .0238577{col 51}{space 1}    4.05{col 60}{space 3}0.000{col 68}{space 4} .0495584{col 81}{space 3} .1438883
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .0663141{col 40}{space 2} .0216246{col 51}{space 1}    3.07{col 60}{space 3}0.003{col 68}{space 4} .0235637{col 81}{space 3} .1090644
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .0588036{col 40}{space 2} .0146659{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .0298101{col 81}{space 3} .0877971
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .0655291{col 40}{space 2}  .021687{col 51}{space 1}    3.02{col 60}{space 3}0.003{col 68}{space 4} .0226553{col 81}{space 3} .1084029
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} .0957178{col 40}{space 2} .0249905{col 51}{space 1}    3.83{col 60}{space 3}0.000{col 68}{space 4} .0463133{col 81}{space 3} .1451224
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .0671363{col 40}{space 2} .0210775{col 51}{space 1}    3.19{col 60}{space 3}0.002{col 68}{space 4} .0254674{col 81}{space 3} .1088051
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .0686074{col 40}{space 2} .0188727{col 51}{space 1}    3.64{col 60}{space 3}0.000{col 68}{space 4} .0312975{col 81}{space 3} .1059174
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .0664444{col 40}{space 2} .0200076{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0268908{col 81}{space 3}  .105998
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .0793182{col 40}{space 2} .0235249{col 51}{space 1}    3.37{col 60}{space 3}0.001{col 68}{space 4} .0328111{col 81}{space 3} .1258253
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .0692632{col 40}{space 2} .0211761{col 51}{space 1}    3.27{col 60}{space 3}0.001{col 68}{space 4} .0273996{col 81}{space 3} .1111269
{txt}{space 21}1988  {c |}{col 28}{res}{space 2}  .086236{col 40}{space 2} .0301061{col 51}{space 1}    2.86{col 60}{space 3}0.005{col 68}{space 4} .0267184{col 81}{space 3} .1457537
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .0926838{col 40}{space 2} .0244311{col 51}{space 1}    3.79{col 60}{space 3}0.000{col 68}{space 4} .0443852{col 81}{space 3} .1409824
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .1079278{col 40}{space 2} .0306235{col 51}{space 1}    3.52{col 60}{space 3}0.001{col 68}{space 4} .0473872{col 81}{space 3} .1684685
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} .0859314{col 40}{space 2}  .030709{col 51}{space 1}    2.80{col 60}{space 3}0.006{col 68}{space 4} .0252218{col 81}{space 3} .1466409
{txt}{space 21}1992  {c |}{col 28}{res}{space 2}   .09706{col 40}{space 2}  .029249{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0392368{col 81}{space 3} .1548832
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} .0841813{col 40}{space 2} .0296567{col 51}{space 1}    2.84{col 60}{space 3}0.005{col 68}{space 4} .0255521{col 81}{space 3} .1428105
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} .1319761{col 40}{space 2} .0365342{col 51}{space 1}    3.61{col 60}{space 3}0.000{col 68}{space 4} .0597504{col 81}{space 3} .2042018
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .0923699{col 40}{space 2} .0310302{col 51}{space 1}    2.98{col 60}{space 3}0.003{col 68}{space 4} .0310254{col 81}{space 3} .1537145
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .1242265{col 40}{space 2} .0358879{col 51}{space 1}    3.46{col 60}{space 3}0.001{col 68}{space 4} .0532785{col 81}{space 3} .1951744
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .0856077{col 40}{space 2} .0252593{col 51}{space 1}    3.39{col 60}{space 3}0.001{col 68}{space 4} .0356717{col 81}{space 3} .1355436
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .1192659{col 40}{space 2} .0347682{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0505316{col 81}{space 3} .1880002
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .1057664{col 40}{space 2} .0258287{col 51}{space 1}    4.09{col 60}{space 3}0.000{col 68}{space 4} .0547049{col 81}{space 3} .1568279
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .1568585{col 40}{space 2} .0397693{col 51}{space 1}    3.94{col 60}{space 3}0.000{col 68}{space 4} .0782372{col 81}{space 3} .2354797
{txt}{space 21}2001  {c |}{col 28}{res}{space 2}  .089304{col 40}{space 2} .0235234{col 51}{space 1}    3.80{col 60}{space 3}0.000{col 68}{space 4} .0427997{col 81}{space 3} .1358082
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .1034255{col 40}{space 2} .0353674{col 51}{space 1}    2.92{col 60}{space 3}0.004{col 68}{space 4} .0335066{col 81}{space 3} .1733444
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .1442518{col 40}{space 2} .0372554{col 51}{space 1}    3.87{col 60}{space 3}0.000{col 68}{space 4} .0706004{col 81}{space 3} .2179032
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} .0832573{col 40}{space 2} .0241341{col 51}{space 1}    3.45{col 60}{space 3}0.001{col 68}{space 4} .0355459{col 81}{space 3} .1309687
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .0993507{col 40}{space 2} .0315048{col 51}{space 1}    3.15{col 60}{space 3}0.002{col 68}{space 4} .0370678{col 81}{space 3} .1616335
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .1492103{col 40}{space 2}  .041277{col 51}{space 1}    3.61{col 60}{space 3}0.000{col 68}{space 4} .0676084{col 81}{space 3} .2308121
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .0883878{col 40}{space 2}  .025022{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0389211{col 81}{space 3} .1378545
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .1925992{col 40}{space 2} .0439047{col 51}{space 1}    4.39{col 60}{space 3}0.000{col 68}{space 4} .1058027{col 81}{space 3} .2793957
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .1314406{col 40}{space 2} .0371426{col 51}{space 1}    3.54{col 60}{space 3}0.001{col 68}{space 4} .0580123{col 81}{space 3} .2048689
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .0892083{col 40}{space 2} .0240301{col 51}{space 1}    3.71{col 60}{space 3}0.000{col 68}{space 4} .0417024{col 81}{space 3} .1367141
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} .0745665{col 40}{space 2} .0210461{col 51}{space 1}    3.54{col 60}{space 3}0.001{col 68}{space 4} .0329598{col 81}{space 3} .1161731
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} .0997236{col 40}{space 2}  .024556{col 51}{space 1}    4.06{col 60}{space 3}0.000{col 68}{space 4}  .051178{col 81}{space 3} .1482692
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .1006649{col 40}{space 2} .0298232{col 51}{space 1}    3.38{col 60}{space 3}0.001{col 68}{space 4} .0417064{col 81}{space 3} .1596233
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .1198616{col 40}{space 2} .0294265{col 51}{space 1}    4.07{col 60}{space 3}0.000{col 68}{space 4} .0616875{col 81}{space 3} .1780357
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .1114308{col 40}{space 2} .0287137{col 51}{space 1}    3.88{col 60}{space 3}0.000{col 68}{space 4} .0546659{col 81}{space 3} .1681957
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .1180201{col 40}{space 2} .0291792{col 51}{space 1}    4.04{col 60}{space 3}0.000{col 68}{space 4} .0603348{col 81}{space 3} .1757054
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .0983479{col 40}{space 2} .0269721{col 51}{space 1}    3.65{col 60}{space 3}0.000{col 68}{space 4}  .045026{col 81}{space 3} .1516698
{txt}{space 21}2018  {c |}{col 28}{res}{space 2}  .077823{col 40}{space 2} .0222242{col 51}{space 1}    3.50{col 60}{space 3}0.001{col 68}{space 4} .0338873{col 81}{space 3} .1217586
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .0868142{col 40}{space 2} .0238147{col 51}{space 1}    3.65{col 60}{space 3}0.000{col 68}{space 4} .0397341{col 81}{space 3} .1338943
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .0762908{col 40}{space 2} .0211515{col 51}{space 1}    3.61{col 60}{space 3}0.000{col 68}{space 4} .0344756{col 81}{space 3} .1181059
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0276881{col 40}{space 2} .0181123{col 51}{space 1}    1.53{col 60}{space 3}0.129{col 68}{space 4}-.0081188{col 81}{space 3}  .063495
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .04898264
                   {txt}sigma_e {c |} {res}   .119827
                       {txt}rho {c |} {res} .14317499{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 6
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_visit_president
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,586
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.0558{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.0001{col 63}{txt}avg{col 67}={col 69}{res}      39.6
{txt}     overall = {res}0.0321{col 63}{txt}max{col 67}={col 69}{res}        71

{txt}{col 49}F({res}77{txt},{res}140{txt}){col 67}={col 70}{res}     4.03
{txt}corr(u_i, Xb){col 16}= {res}-0.2115{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_visit_president{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2} .0046934{col 40}{space 2} .0023196{col 51}{space 1}    2.02{col 60}{space 3}0.045{col 68}{space 4} .0001073{col 81}{space 3} .0092795
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.0197945{col 40}{space 2} .0099826{col 51}{space 1}   -1.98{col 60}{space 3}0.049{col 68}{space 4}-.0395305{col 81}{space 3}-.0000584
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2} .0144811{col 40}{space 2} .0274334{col 51}{space 1}    0.53{col 60}{space 3}0.598{col 68}{space 4}-.0397563{col 81}{space 3} .0687185
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2}-.0023402{col 40}{space 2} .0026018{col 51}{space 1}   -0.90{col 60}{space 3}0.370{col 68}{space 4}-.0074842{col 81}{space 3} .0028038
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2} .0011885{col 40}{space 2} .0205461{col 51}{space 1}    0.06{col 60}{space 3}0.954{col 68}{space 4}-.0394323{col 81}{space 3} .0418093
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2}-.0060144{col 40}{space 2} .0058957{col 51}{space 1}   -1.02{col 60}{space 3}0.309{col 68}{space 4}-.0176706{col 81}{space 3} .0056418
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2}-.0073429{col 40}{space 2} .0057175{col 51}{space 1}   -1.28{col 60}{space 3}0.201{col 68}{space 4}-.0186466{col 81}{space 3} .0039609
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2} .0025196{col 40}{space 2} .0029676{col 51}{space 1}    0.85{col 60}{space 3}0.397{col 68}{space 4}-.0033475{col 81}{space 3} .0083867
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .0040199{col 40}{space 2} .0030856{col 51}{space 1}    1.30{col 60}{space 3}0.195{col 68}{space 4}-.0020805{col 81}{space 3} .0101202
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} .0028655{col 40}{space 2} .0034949{col 51}{space 1}    0.82{col 60}{space 3}0.414{col 68}{space 4}-.0040441{col 81}{space 3} .0097752
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} .0249369{col 40}{space 2} .0180127{col 51}{space 1}    1.38{col 60}{space 3}0.168{col 68}{space 4}-.0106751{col 81}{space 3}  .060549
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} .0132354{col 40}{space 2} .0068138{col 51}{space 1}    1.94{col 60}{space 3}0.054{col 68}{space 4}-.0002359{col 81}{space 3} .0267066
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} .0055332{col 40}{space 2} .0038387{col 51}{space 1}    1.44{col 60}{space 3}0.152{col 68}{space 4}-.0020561{col 81}{space 3} .0131226
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} .0205303{col 40}{space 2} .0170617{col 51}{space 1}    1.20{col 60}{space 3}0.231{col 68}{space 4}-.0132015{col 81}{space 3} .0542621
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} .0120992{col 40}{space 2} .0073924{col 51}{space 1}    1.64{col 60}{space 3}0.104{col 68}{space 4}-.0025159{col 81}{space 3} .0267143
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} .0002765{col 40}{space 2} .0051064{col 51}{space 1}    0.05{col 60}{space 3}0.957{col 68}{space 4}-.0098191{col 81}{space 3} .0103722
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} .1193524{col 40}{space 2} .0368354{col 51}{space 1}    3.24{col 60}{space 3}0.001{col 68}{space 4} .0465269{col 81}{space 3}  .192178
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} .0667902{col 40}{space 2} .0280647{col 51}{space 1}    2.38{col 60}{space 3}0.019{col 68}{space 4} .0113048{col 81}{space 3} .1222755
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} .0233867{col 40}{space 2} .0137881{col 51}{space 1}    1.70{col 60}{space 3}0.092{col 68}{space 4} -.003873{col 81}{space 3} .0506464
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} .0225693{col 40}{space 2} .0154639{col 51}{space 1}    1.46{col 60}{space 3}0.147{col 68}{space 4}-.0080036{col 81}{space 3} .0531423
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} .0246606{col 40}{space 2} .0081355{col 51}{space 1}    3.03{col 60}{space 3}0.003{col 68}{space 4} .0085763{col 81}{space 3}  .040745
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} .0318625{col 40}{space 2} .0109838{col 51}{space 1}    2.90{col 60}{space 3}0.004{col 68}{space 4}  .010147{col 81}{space 3} .0535781
{txt}{space 21}1965  {c |}{col 28}{res}{space 2} .0272965{col 40}{space 2} .0092531{col 51}{space 1}    2.95{col 60}{space 3}0.004{col 68}{space 4} .0090027{col 81}{space 3} .0455903
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} .0620398{col 40}{space 2} .0193535{col 51}{space 1}    3.21{col 60}{space 3}0.002{col 68}{space 4} .0237768{col 81}{space 3} .1003028
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} .0725583{col 40}{space 2}  .019382{col 51}{space 1}    3.74{col 60}{space 3}0.000{col 68}{space 4}  .034239{col 81}{space 3} .1108775
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} .0944228{col 40}{space 2}  .024907{col 51}{space 1}    3.79{col 60}{space 3}0.000{col 68}{space 4} .0451802{col 81}{space 3} .1436653
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} .0667387{col 40}{space 2} .0183664{col 51}{space 1}    3.63{col 60}{space 3}0.000{col 68}{space 4} .0304273{col 81}{space 3} .1030501
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} .0473577{col 40}{space 2} .0132225{col 51}{space 1}    3.58{col 60}{space 3}0.000{col 68}{space 4} .0212161{col 81}{space 3} .0734993
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} .0633092{col 40}{space 2} .0226473{col 51}{space 1}    2.80{col 60}{space 3}0.006{col 68}{space 4} .0185342{col 81}{space 3} .1080842
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} .0301586{col 40}{space 2} .0086392{col 51}{space 1}    3.49{col 60}{space 3}0.001{col 68}{space 4} .0130785{col 81}{space 3} .0472387
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} .0933197{col 40}{space 2} .0290088{col 51}{space 1}    3.22{col 60}{space 3}0.002{col 68}{space 4} .0359677{col 81}{space 3} .1506716
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} .0900718{col 40}{space 2} .0205258{col 51}{space 1}    4.39{col 60}{space 3}0.000{col 68}{space 4} .0494912{col 81}{space 3} .1306524
{txt}{space 21}1976  {c |}{col 28}{res}{space 2}  .038008{col 40}{space 2} .0117365{col 51}{space 1}    3.24{col 60}{space 3}0.002{col 68}{space 4} .0148044{col 81}{space 3} .0612116
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} .0507201{col 40}{space 2}  .015615{col 51}{space 1}    3.25{col 60}{space 3}0.001{col 68}{space 4} .0198485{col 81}{space 3} .0815918
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} .1031182{col 40}{space 2} .0256885{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .0523306{col 81}{space 3} .1539057
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} .0629481{col 40}{space 2} .0205217{col 51}{space 1}    3.07{col 60}{space 3}0.003{col 68}{space 4} .0223757{col 81}{space 3} .1035205
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} .0517918{col 40}{space 2} .0133746{col 51}{space 1}    3.87{col 60}{space 3}0.000{col 68}{space 4} .0253494{col 81}{space 3} .0782341
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} .0571721{col 40}{space 2}  .019146{col 51}{space 1}    2.99{col 60}{space 3}0.003{col 68}{space 4} .0193194{col 81}{space 3} .0950248
{txt}{space 21}1982  {c |}{col 28}{res}{space 2}  .083591{col 40}{space 2} .0214971{col 51}{space 1}    3.89{col 60}{space 3}0.000{col 68}{space 4} .0410901{col 81}{space 3}  .126092
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} .0635757{col 40}{space 2} .0204313{col 51}{space 1}    3.11{col 60}{space 3}0.002{col 68}{space 4} .0231819{col 81}{space 3} .1039696
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} .0630451{col 40}{space 2}  .018134{col 51}{space 1}    3.48{col 60}{space 3}0.001{col 68}{space 4} .0271932{col 81}{space 3} .0988971
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} .0568193{col 40}{space 2} .0174379{col 51}{space 1}    3.26{col 60}{space 3}0.001{col 68}{space 4} .0223436{col 81}{space 3}  .091295
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} .0742318{col 40}{space 2} .0223454{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4} .0300536{col 81}{space 3} .1184099
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} .0602933{col 40}{space 2} .0190264{col 51}{space 1}    3.17{col 60}{space 3}0.002{col 68}{space 4} .0226771{col 81}{space 3} .0979095
{txt}{space 21}1988  {c |}{col 28}{res}{space 2}  .076697{col 40}{space 2} .0279263{col 51}{space 1}    2.75{col 60}{space 3}0.007{col 68}{space 4} .0214852{col 81}{space 3} .1319089
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} .0870522{col 40}{space 2} .0239321{col 51}{space 1}    3.64{col 60}{space 3}0.000{col 68}{space 4} .0397371{col 81}{space 3} .1343673
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} .0993881{col 40}{space 2} .0286241{col 51}{space 1}    3.47{col 60}{space 3}0.001{col 68}{space 4} .0427967{col 81}{space 3} .1559796
{txt}{space 21}1991  {c |}{col 28}{res}{space 2}  .078906{col 40}{space 2} .0305063{col 51}{space 1}    2.59{col 60}{space 3}0.011{col 68}{space 4} .0185934{col 81}{space 3} .1392186
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} .0903093{col 40}{space 2} .0293756{col 51}{space 1}    3.07{col 60}{space 3}0.003{col 68}{space 4}  .032232{col 81}{space 3} .1483865
{txt}{space 21}1993  {c |}{col 28}{res}{space 2}   .08624{col 40}{space 2}  .031073{col 51}{space 1}    2.78{col 60}{space 3}0.006{col 68}{space 4} .0248071{col 81}{space 3} .1476729
{txt}{space 21}1994  {c |}{col 28}{res}{space 2}   .12787{col 40}{space 2} .0365352{col 51}{space 1}    3.50{col 60}{space 3}0.001{col 68}{space 4}  .055638{col 81}{space 3}  .200102
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} .0816111{col 40}{space 2} .0297045{col 51}{space 1}    2.75{col 60}{space 3}0.007{col 68}{space 4} .0228837{col 81}{space 3} .1403385
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} .1133379{col 40}{space 2} .0338345{col 51}{space 1}    3.35{col 60}{space 3}0.001{col 68}{space 4} .0464453{col 81}{space 3} .1802306
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} .0775749{col 40}{space 2} .0239503{col 51}{space 1}    3.24{col 60}{space 3}0.001{col 68}{space 4} .0302239{col 81}{space 3} .1249259
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} .1141687{col 40}{space 2} .0349672{col 51}{space 1}    3.27{col 60}{space 3}0.001{col 68}{space 4} .0450367{col 81}{space 3} .1833007
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} .1045326{col 40}{space 2} .0277198{col 51}{space 1}    3.77{col 60}{space 3}0.000{col 68}{space 4} .0497291{col 81}{space 3}  .159336
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} .1507674{col 40}{space 2} .0382235{col 51}{space 1}    3.94{col 60}{space 3}0.000{col 68}{space 4} .0751976{col 81}{space 3} .2263372
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} .0811883{col 40}{space 2} .0217561{col 51}{space 1}    3.73{col 60}{space 3}0.000{col 68}{space 4} .0381753{col 81}{space 3} .1242012
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} .0984677{col 40}{space 2} .0348212{col 51}{space 1}    2.83{col 60}{space 3}0.005{col 68}{space 4} .0296244{col 81}{space 3}  .167311
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} .1406959{col 40}{space 2} .0375016{col 51}{space 1}    3.75{col 60}{space 3}0.000{col 68}{space 4} .0665533{col 81}{space 3} .2148386
{txt}{space 21}2004  {c |}{col 28}{res}{space 2}  .072601{col 40}{space 2} .0212947{col 51}{space 1}    3.41{col 60}{space 3}0.001{col 68}{space 4} .0305003{col 81}{space 3} .1147016
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} .0954759{col 40}{space 2} .0322926{col 51}{space 1}    2.96{col 60}{space 3}0.004{col 68}{space 4} .0316317{col 81}{space 3} .1593202
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} .1410965{col 40}{space 2} .0411119{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0598161{col 81}{space 3} .2223768
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} .0845358{col 40}{space 2} .0254408{col 51}{space 1}    3.32{col 60}{space 3}0.001{col 68}{space 4}  .034238{col 81}{space 3} .1348335
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} .1869161{col 40}{space 2} .0431147{col 51}{space 1}    4.34{col 60}{space 3}0.000{col 68}{space 4} .1016761{col 81}{space 3} .2721562
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} .1236407{col 40}{space 2} .0356405{col 51}{space 1}    3.47{col 60}{space 3}0.001{col 68}{space 4} .0531775{col 81}{space 3} .1941039
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} .0879494{col 40}{space 2} .0259045{col 51}{space 1}    3.40{col 60}{space 3}0.001{col 68}{space 4} .0367348{col 81}{space 3} .1391639
{txt}{space 21}2011  {c |}{col 28}{res}{space 2}  .069432{col 40}{space 2} .0202615{col 51}{space 1}    3.43{col 60}{space 3}0.001{col 68}{space 4} .0293738{col 81}{space 3} .1094901
{txt}{space 21}2012  {c |}{col 28}{res}{space 2}  .096249{col 40}{space 2} .0246846{col 51}{space 1}    3.90{col 60}{space 3}0.000{col 68}{space 4} .0474463{col 81}{space 3} .1450517
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} .0924584{col 40}{space 2} .0298859{col 51}{space 1}    3.09{col 60}{space 3}0.002{col 68}{space 4} .0333725{col 81}{space 3} .1515443
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} .1126751{col 40}{space 2} .0284344{col 51}{space 1}    3.96{col 60}{space 3}0.000{col 68}{space 4} .0564587{col 81}{space 3} .1688915
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} .1055346{col 40}{space 2} .0277413{col 51}{space 1}    3.80{col 60}{space 3}0.000{col 68}{space 4} .0506885{col 81}{space 3} .1603808
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} .1141916{col 40}{space 2} .0291781{col 51}{space 1}    3.91{col 60}{space 3}0.000{col 68}{space 4}  .056505{col 81}{space 3} .1718782
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} .0934472{col 40}{space 2} .0264748{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0411052{col 81}{space 3} .1457892
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} .0727566{col 40}{space 2} .0214155{col 51}{space 1}    3.40{col 60}{space 3}0.001{col 68}{space 4}  .030417{col 81}{space 3} .1150963
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} .0816622{col 40}{space 2} .0231223{col 51}{space 1}    3.53{col 60}{space 3}0.001{col 68}{space 4} .0359481{col 81}{space 3} .1273763
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} .0719781{col 40}{space 2} .0209023{col 51}{space 1}    3.44{col 60}{space 3}0.001{col 68}{space 4} .0306532{col 81}{space 3} .1133031
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .0166645{col 40}{space 2} .0182865{col 51}{space 1}    0.91{col 60}{space 3}0.364{col 68}{space 4}-.0194888{col 81}{space 3} .0528178
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} .05174028
                   {txt}sigma_e {c |} {res} .11974621
                       {txt}rho {c |} {res} .15732389{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr             
{txt}delimiter now cr
{com}.         
.                 
.         ****************************************************************************
.         *Table A.4.3. Two-way linear fixed effects regressions for US foreign aid
.         ****************************************************************************                                    
. 
.         *Model 1
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_economic
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if
>                 vdem_autoc==1 
>                 , 
>                 fe              
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,828
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.3247{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2424{col 63}{txt}avg{col 67}={col 69}{res}      41.0
{txt}     overall = {res}0.2765{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}    17.14
{txt}corr(u_i, Xb){col 16}= {res}0.0549{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}     ln_us_aid_economic{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2}-.0131627{col 37}{space 2}  .035221{col 48}{space 1}   -0.37{col 57}{space 3}0.709{col 65}{space 4}-.0827921{col 78}{space 3} .0564668
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2}-.7649521{col 37}{space 2}  .134992{col 48}{space 1}   -5.67{col 57}{space 3}0.000{col 65}{space 4}-1.031822{col 78}{space 3}-.4980823
{txt}{space 13}tournament {c |}{col 25}{res}{space 2}-.2024415{col 37}{space 2}  .233515{col 48}{space 1}   -0.87{col 57}{space 3}0.387{col 65}{space 4}-.6640847{col 78}{space 3} .2592017
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2} .1149738{col 37}{space 2} .0984615{col 48}{space 1}    1.17{col 57}{space 3}0.245{col 65}{space 4}-.0796778{col 78}{space 3} .3096255
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2} .2869971{col 37}{space 2} .6072348{col 48}{space 1}    0.47{col 57}{space 3}0.637{col 65}{space 4}-.9134644{col 78}{space 3} 1.487459
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2}  .456631{col 37}{space 2} .1668846{col 48}{space 1}    2.74{col 57}{space 3}0.007{col 65}{space 4} .1267115{col 78}{space 3} .7865505
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2} .0029008{col 37}{space 2} .0979265{col 48}{space 1}    0.03{col 57}{space 3}0.976{col 65}{space 4}-.1906932{col 78}{space 3} .1964948
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2}-1.088369{col 37}{space 2} .3821953{col 48}{space 1}   -2.85{col 57}{space 3}0.005{col 65}{space 4}-1.843943{col 78}{space 3}-.3327949
{txt}{space 18}1949  {c |}{col 25}{res}{space 2}-1.241333{col 37}{space 2}  .383603{col 48}{space 1}   -3.24{col 57}{space 3}0.002{col 65}{space 4} -1.99969{col 78}{space 3}-.4829761
{txt}{space 18}1950  {c |}{col 25}{res}{space 2}-1.280145{col 37}{space 2} .4100116{col 48}{space 1}   -3.12{col 57}{space 3}0.002{col 65}{space 4}-2.090709{col 78}{space 3}-.4695798
{txt}{space 18}1951  {c |}{col 25}{res}{space 2}-.2577336{col 37}{space 2} .3897109{col 48}{space 1}   -0.66{col 57}{space 3}0.509{col 65}{space 4}-1.028165{col 78}{space 3} .5126982
{txt}{space 18}1952  {c |}{col 25}{res}{space 2} .3693366{col 37}{space 2} .3963045{col 48}{space 1}    0.93{col 57}{space 3}0.353{col 65}{space 4}-.4141303{col 78}{space 3} 1.152803
{txt}{space 18}1953  {c |}{col 25}{res}{space 2} .2981449{col 37}{space 2} .4525829{col 48}{space 1}    0.66{col 57}{space 3}0.511{col 65}{space 4}-.5965805{col 78}{space 3}  1.19287
{txt}{space 18}1954  {c |}{col 25}{res}{space 2} .1244013{col 37}{space 2} .4484124{col 48}{space 1}    0.28{col 57}{space 3}0.782{col 65}{space 4}-.7620793{col 78}{space 3} 1.010882
{txt}{space 18}1955  {c |}{col 25}{res}{space 2} 1.292958{col 37}{space 2} .4736352{col 48}{space 1}    2.73{col 57}{space 3}0.007{col 65}{space 4} .3566139{col 78}{space 3} 2.229303
{txt}{space 18}1956  {c |}{col 25}{res}{space 2} 1.080955{col 37}{space 2} .5155132{col 48}{space 1}    2.10{col 57}{space 3}0.038{col 65}{space 4} .0618207{col 78}{space 3} 2.100089
{txt}{space 18}1957  {c |}{col 25}{res}{space 2} 1.062877{col 37}{space 2} .4681766{col 48}{space 1}    2.27{col 57}{space 3}0.025{col 65}{space 4} .1373234{col 78}{space 3}  1.98843
{txt}{space 18}1958  {c |}{col 25}{res}{space 2} 1.094065{col 37}{space 2} .4638603{col 48}{space 1}    2.36{col 57}{space 3}0.020{col 65}{space 4} .1770449{col 78}{space 3} 2.011085
{txt}{space 18}1959  {c |}{col 25}{res}{space 2} 1.534601{col 37}{space 2}  .498868{col 48}{space 1}    3.08{col 57}{space 3}0.003{col 65}{space 4} .5483735{col 78}{space 3} 2.520829
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} 1.286733{col 37}{space 2} .5102725{col 48}{space 1}    2.52{col 57}{space 3}0.013{col 65}{space 4} .2779596{col 78}{space 3} 2.295507
{txt}{space 18}1961  {c |}{col 25}{res}{space 2} 1.519619{col 37}{space 2} .5347646{col 48}{space 1}    2.84{col 57}{space 3}0.005{col 65}{space 4} .4624256{col 78}{space 3} 2.576812
{txt}{space 18}1962  {c |}{col 25}{res}{space 2} 2.069355{col 37}{space 2} .5423674{col 48}{space 1}    3.82{col 57}{space 3}0.000{col 65}{space 4} .9971323{col 78}{space 3} 3.141579
{txt}{space 18}1963  {c |}{col 25}{res}{space 2} 1.779744{col 37}{space 2} .5326896{col 48}{space 1}    3.34{col 57}{space 3}0.001{col 65}{space 4} .7266528{col 78}{space 3} 2.832835
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} 1.690649{col 37}{space 2} .5425626{col 48}{space 1}    3.12{col 57}{space 3}0.002{col 65}{space 4} .6180398{col 78}{space 3} 2.763258
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} 1.618575{col 37}{space 2}  .549797{col 48}{space 1}    2.94{col 57}{space 3}0.004{col 65}{space 4} .5316637{col 78}{space 3} 2.705486
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} 1.728409{col 37}{space 2}  .589413{col 48}{space 1}    2.93{col 57}{space 3}0.004{col 65}{space 4} .5631803{col 78}{space 3} 2.893639
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} 1.118265{col 37}{space 2} .5703437{col 48}{space 1}    1.96{col 57}{space 3}0.052{col 65}{space 4} -.009265{col 78}{space 3} 2.245796
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} .7815202{col 37}{space 2} .5782312{col 48}{space 1}    1.35{col 57}{space 3}0.179{col 65}{space 4}-.3616034{col 78}{space 3} 1.924644
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} .7911034{col 37}{space 2} .5714192{col 48}{space 1}    1.38{col 57}{space 3}0.168{col 65}{space 4}-.3385532{col 78}{space 3}  1.92076
{txt}{space 18}1971  {c |}{col 25}{res}{space 2} .5596796{col 37}{space 2} .5698293{col 48}{space 1}    0.98{col 57}{space 3}0.328{col 65}{space 4}-.5668339{col 78}{space 3} 1.686193
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} .8865816{col 37}{space 2} .5856934{col 48}{space 1}    1.51{col 57}{space 3}0.132{col 65}{space 4}-.2712942{col 78}{space 3} 2.044457
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} .9425231{col 37}{space 2} .5865895{col 48}{space 1}    1.61{col 57}{space 3}0.110{col 65}{space 4}-.2171242{col 78}{space 3}  2.10217
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} .8982355{col 37}{space 2} .5898115{col 48}{space 1}    1.52{col 57}{space 3}0.130{col 65}{space 4}-.2677814{col 78}{space 3} 2.064253
{txt}{space 18}1975  {c |}{col 25}{res}{space 2} 1.345607{col 37}{space 2} .5939278{col 48}{space 1}    2.27{col 57}{space 3}0.025{col 65}{space 4} .1714523{col 78}{space 3} 2.519761
{txt}{space 18}1976  {c |}{col 25}{res}{space 2} 1.464581{col 37}{space 2} .6145585{col 48}{space 1}    2.38{col 57}{space 3}0.018{col 65}{space 4} .2496405{col 78}{space 3} 2.679521
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} 1.109971{col 37}{space 2} .5990637{col 48}{space 1}    1.85{col 57}{space 3}0.066{col 65}{space 4} -.074337{col 78}{space 3} 2.294279
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} 1.218889{col 37}{space 2} .5987592{col 48}{space 1}    2.04{col 57}{space 3}0.044{col 65}{space 4}  .035183{col 78}{space 3} 2.402595
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} 1.343115{col 37}{space 2} .5900699{col 48}{space 1}    2.28{col 57}{space 3}0.024{col 65}{space 4} .1765868{col 78}{space 3} 2.509642
{txt}{space 18}1980  {c |}{col 25}{res}{space 2} 1.334444{col 37}{space 2} .6038286{col 48}{space 1}    2.21{col 57}{space 3}0.029{col 65}{space 4} .1407166{col 78}{space 3} 2.528172
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} 1.663558{col 37}{space 2} .6002835{col 48}{space 1}    2.77{col 57}{space 3}0.006{col 65}{space 4} .4768387{col 78}{space 3} 2.850277
{txt}{space 18}1982  {c |}{col 25}{res}{space 2} 1.478498{col 37}{space 2} .6066278{col 48}{space 1}    2.44{col 57}{space 3}0.016{col 65}{space 4} .2792367{col 78}{space 3}  2.67776
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} 1.422494{col 37}{space 2} .6100035{col 48}{space 1}    2.33{col 57}{space 3}0.021{col 65}{space 4} .2165587{col 78}{space 3} 2.628429
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} 1.696148{col 37}{space 2} .6243108{col 48}{space 1}    2.72{col 57}{space 3}0.007{col 65}{space 4}  .461928{col 78}{space 3} 2.930367
{txt}{space 18}1985  {c |}{col 25}{res}{space 2}  1.88769{col 37}{space 2} .6345687{col 48}{space 1}    2.97{col 57}{space 3}0.003{col 65}{space 4} .6331907{col 78}{space 3} 3.142189
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} 1.927398{col 37}{space 2} .6381026{col 48}{space 1}    3.02{col 57}{space 3}0.003{col 65}{space 4} .6659126{col 78}{space 3} 3.188883
{txt}{space 18}1987  {c |}{col 25}{res}{space 2} 1.974114{col 37}{space 2} .6429997{col 48}{space 1}    3.07{col 57}{space 3}0.003{col 65}{space 4} .7029473{col 78}{space 3}  3.24528
{txt}{space 18}1988  {c |}{col 25}{res}{space 2}  1.91915{col 37}{space 2} .6449011{col 48}{space 1}    2.98{col 57}{space 3}0.003{col 65}{space 4} .6442243{col 78}{space 3} 3.194075
{txt}{space 18}1989  {c |}{col 25}{res}{space 2} 2.042842{col 37}{space 2} .6532386{col 48}{space 1}    3.13{col 57}{space 3}0.002{col 65}{space 4} .7514339{col 78}{space 3}  3.33425
{txt}{space 18}1990  {c |}{col 25}{res}{space 2}  2.19414{col 37}{space 2} .6525949{col 48}{space 1}    3.36{col 57}{space 3}0.001{col 65}{space 4} .9040045{col 78}{space 3} 3.484275
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} 2.143956{col 37}{space 2} .6586189{col 48}{space 1}    3.26{col 57}{space 3}0.001{col 65}{space 4} .8419116{col 78}{space 3} 3.446001
{txt}{space 18}1992  {c |}{col 25}{res}{space 2}  2.16507{col 37}{space 2} .6684466{col 48}{space 1}    3.24{col 57}{space 3}0.001{col 65}{space 4} .8435973{col 78}{space 3} 3.486543
{txt}{space 18}1993  {c |}{col 25}{res}{space 2} 2.194624{col 37}{space 2} .6374783{col 48}{space 1}    3.44{col 57}{space 3}0.001{col 65}{space 4} .9343731{col 78}{space 3} 3.454875
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} 2.252838{col 37}{space 2} .6214422{col 48}{space 1}    3.63{col 57}{space 3}0.000{col 65}{space 4} 1.024289{col 78}{space 3} 3.481386
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} 2.143418{col 37}{space 2} .6501481{col 48}{space 1}    3.30{col 57}{space 3}0.001{col 65}{space 4} .8581201{col 78}{space 3} 3.428717
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} 2.147455{col 37}{space 2} .6518453{col 48}{space 1}    3.29{col 57}{space 3}0.001{col 65}{space 4} .8588016{col 78}{space 3} 3.436109
{txt}{space 18}1997  {c |}{col 25}{res}{space 2} 1.904888{col 37}{space 2} .6470327{col 48}{space 1}    2.94{col 57}{space 3}0.004{col 65}{space 4} .6257491{col 78}{space 3} 3.184028
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} 1.973659{col 37}{space 2}  .630862{col 48}{space 1}    3.13{col 57}{space 3}0.002{col 65}{space 4} .7264877{col 78}{space 3}  3.22083
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} 2.235655{col 37}{space 2} .6337049{col 48}{space 1}    3.53{col 57}{space 3}0.001{col 65}{space 4} .9828636{col 78}{space 3} 3.488446
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} 2.293316{col 37}{space 2} .6296172{col 48}{space 1}    3.64{col 57}{space 3}0.000{col 65}{space 4} 1.048606{col 78}{space 3} 3.538026
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} 2.801705{col 37}{space 2} .6411141{col 48}{space 1}    4.37{col 57}{space 3}0.000{col 65}{space 4} 1.534267{col 78}{space 3} 4.069144
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} 3.016759{col 37}{space 2} .6456931{col 48}{space 1}    4.67{col 57}{space 3}0.000{col 65}{space 4} 1.740268{col 78}{space 3}  4.29325
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} 3.342636{col 37}{space 2} .6555971{col 48}{space 1}    5.10{col 57}{space 3}0.000{col 65}{space 4} 2.046565{col 78}{space 3} 4.638706
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} 3.370274{col 37}{space 2} .6609748{col 48}{space 1}    5.10{col 57}{space 3}0.000{col 65}{space 4} 2.063572{col 78}{space 3} 4.676976
{txt}{space 18}2005  {c |}{col 25}{res}{space 2} 3.586066{col 37}{space 2}  .659181{col 48}{space 1}    5.44{col 57}{space 3}0.000{col 65}{space 4} 2.282911{col 78}{space 3} 4.889222
{txt}{space 18}2006  {c |}{col 25}{res}{space 2} 3.475716{col 37}{space 2} .6522678{col 48}{space 1}    5.33{col 57}{space 3}0.000{col 65}{space 4} 2.186228{col 78}{space 3} 4.765205
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} 3.609876{col 37}{space 2} .6442466{col 48}{space 1}    5.60{col 57}{space 3}0.000{col 65}{space 4} 2.336245{col 78}{space 3} 4.883507
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} 3.865645{col 37}{space 2} .6493356{col 48}{space 1}    5.95{col 57}{space 3}0.000{col 65}{space 4} 2.581953{col 78}{space 3} 5.149337
{txt}{space 18}2009  {c |}{col 25}{res}{space 2} 3.708535{col 37}{space 2} .6416072{col 48}{space 1}    5.78{col 57}{space 3}0.000{col 65}{space 4} 2.440121{col 78}{space 3} 4.976948
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} 3.779431{col 37}{space 2} .6361104{col 48}{space 1}    5.94{col 57}{space 3}0.000{col 65}{space 4} 2.521885{col 78}{space 3} 5.036978
{txt}{space 18}2011  {c |}{col 25}{res}{space 2} 3.595392{col 37}{space 2} .6273028{col 48}{space 1}    5.73{col 57}{space 3}0.000{col 65}{space 4} 2.355257{col 78}{space 3} 4.835527
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} 3.709902{col 37}{space 2} .6365999{col 48}{space 1}    5.83{col 57}{space 3}0.000{col 65}{space 4} 2.451388{col 78}{space 3} 4.968416
{txt}{space 18}2013  {c |}{col 25}{res}{space 2}  3.84518{col 37}{space 2} .6362984{col 48}{space 1}    6.04{col 57}{space 3}0.000{col 65}{space 4} 2.587262{col 78}{space 3} 5.103099
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} 3.824855{col 37}{space 2} .6402397{col 48}{space 1}    5.97{col 57}{space 3}0.000{col 65}{space 4} 2.559145{col 78}{space 3} 5.090564
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} 3.744198{col 37}{space 2} .6329264{col 48}{space 1}    5.92{col 57}{space 3}0.000{col 65}{space 4} 2.492946{col 78}{space 3}  4.99545
{txt}{space 18}2016  {c |}{col 25}{res}{space 2}  3.71035{col 37}{space 2} .6389164{col 48}{space 1}    5.81{col 57}{space 3}0.000{col 65}{space 4} 2.447256{col 78}{space 3} 4.973444
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} 3.776792{col 37}{space 2} .6387783{col 48}{space 1}    5.91{col 57}{space 3}0.000{col 65}{space 4} 2.513971{col 78}{space 3} 5.039613
{txt}{space 18}2018  {c |}{col 25}{res}{space 2} 3.745694{col 37}{space 2} .6396029{col 48}{space 1}    5.86{col 57}{space 3}0.000{col 65}{space 4} 2.481243{col 78}{space 3} 5.010145
{txt}{space 18}2019  {c |}{col 25}{res}{space 2} 3.729224{col 37}{space 2} .6266295{col 48}{space 1}    5.95{col 57}{space 3}0.000{col 65}{space 4}  2.49042{col 78}{space 3} 4.968027
{txt}{space 18}2020  {c |}{col 25}{res}{space 2} 3.727798{col 37}{space 2} .6319859{col 48}{space 1}    5.90{col 57}{space 3}0.000{col 65}{space 4} 2.478405{col 78}{space 3} 4.977191
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2} 2.431928{col 37}{space 2} .7219038{col 48}{space 1}    3.37{col 57}{space 3}0.001{col 65}{space 4} 1.004773{col 78}{space 3} 3.859082
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res} 1.4362253
                {txt}sigma_e {c |} {res} 1.3289826
                    {txt}rho {c |} {res} .53872464{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 2
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_economic
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,787
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.3418{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2353{col 63}{txt}avg{col 67}={col 69}{res}      40.8
{txt}     overall = {res}0.2789{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}    19.26
{txt}corr(u_i, Xb){col 16}= {res}0.0452{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_us_aid_economic{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2} .0039653{col 40}{space 2} .0347589{col 51}{space 1}    0.11{col 60}{space 3}0.909{col 68}{space 4}-.0647506{col 81}{space 3} .0726812
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2}-.8078297{col 40}{space 2} .1402301{col 51}{space 1}   -5.76{col 60}{space 3}0.000{col 68}{space 4}-1.085055{col 81}{space 3}-.5306044
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2}-.3121877{col 40}{space 2} .2243732{col 51}{space 1}   -1.39{col 60}{space 3}0.166{col 68}{space 4}-.7557581{col 81}{space 3} .1313826
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2} .0974639{col 40}{space 2} .0965978{col 51}{space 1}    1.01{col 60}{space 3}0.315{col 68}{space 4}-.0935034{col 81}{space 3} .2884311
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2} .1834181{col 40}{space 2} .6056284{col 51}{space 1}    0.30{col 60}{space 3}0.762{col 68}{space 4}-1.013868{col 81}{space 3} 1.380704
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2} .4228175{col 40}{space 2} .1611893{col 51}{space 1}    2.62{col 60}{space 3}0.010{col 68}{space 4} .1041572{col 81}{space 3} .7414778
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2} .0003089{col 40}{space 2} .1025781{col 51}{space 1}    0.00{col 60}{space 3}0.998{col 68}{space 4} -.202481{col 81}{space 3} .2030989
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2} -.118182{col 40}{space 2} .1483765{col 51}{space 1}   -0.80{col 60}{space 3}0.427{col 68}{space 4}-.4115122{col 81}{space 3} .1751483
{txt}{space 21}1950  {c |}{col 28}{res}{space 2}-.1472883{col 40}{space 2} .1734069{col 51}{space 1}   -0.85{col 60}{space 3}0.397{col 68}{space 4}-.4901019{col 81}{space 3} .1955252
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .6888591{col 40}{space 2} .2631705{col 51}{space 1}    2.62{col 60}{space 3}0.010{col 68}{space 4} .1685889{col 81}{space 3} 1.209129
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} 1.296363{col 40}{space 2} .2443377{col 51}{space 1}    5.31{col 60}{space 3}0.000{col 68}{space 4} .8133237{col 81}{space 3} 1.779402
{txt}{space 21}1953  {c |}{col 28}{res}{space 2}  1.76352{col 40}{space 2} .3420556{col 51}{space 1}    5.16{col 60}{space 3}0.000{col 68}{space 4}   1.0873{col 81}{space 3} 2.439741
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} 1.392792{col 40}{space 2} .3296114{col 51}{space 1}    4.23{col 60}{space 3}0.000{col 68}{space 4}  .741173{col 81}{space 3} 2.044411
{txt}{space 21}1955  {c |}{col 28}{res}{space 2} 1.900215{col 40}{space 2} .3087403{col 51}{space 1}    6.15{col 60}{space 3}0.000{col 68}{space 4} 1.289857{col 81}{space 3} 2.510574
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} 2.716138{col 40}{space 2} .3760182{col 51}{space 1}    7.22{col 60}{space 3}0.000{col 68}{space 4} 1.972775{col 81}{space 3}   3.4595
{txt}{space 21}1957  {c |}{col 28}{res}{space 2}  2.17824{col 40}{space 2} .3435737{col 51}{space 1}    6.34{col 60}{space 3}0.000{col 68}{space 4} 1.499018{col 81}{space 3} 2.857461
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} 2.286751{col 40}{space 2} .3004109{col 51}{space 1}    7.61{col 60}{space 3}0.000{col 68}{space 4}  1.69286{col 81}{space 3} 2.880643
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} 2.463304{col 40}{space 2} .3259142{col 51}{space 1}    7.56{col 60}{space 3}0.000{col 68}{space 4} 1.818994{col 81}{space 3} 3.107614
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} 2.446801{col 40}{space 2} .3202306{col 51}{space 1}    7.64{col 60}{space 3}0.000{col 68}{space 4} 1.813727{col 81}{space 3} 3.079875
{txt}{space 21}1961  {c |}{col 28}{res}{space 2}  2.71342{col 40}{space 2} .3445547{col 51}{space 1}    7.88{col 60}{space 3}0.000{col 68}{space 4} 2.032259{col 81}{space 3} 3.394581
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} 2.943001{col 40}{space 2} .3416289{col 51}{space 1}    8.61{col 60}{space 3}0.000{col 68}{space 4} 2.267624{col 81}{space 3} 3.618377
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} 3.161252{col 40}{space 2} .3474506{col 51}{space 1}    9.10{col 60}{space 3}0.000{col 68}{space 4} 2.474366{col 81}{space 3} 3.848138
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} 2.787481{col 40}{space 2} .3323808{col 51}{space 1}    8.39{col 60}{space 3}0.000{col 68}{space 4} 2.130387{col 81}{space 3} 3.444575
{txt}{space 21}1966  {c |}{col 28}{res}{space 2} 2.737962{col 40}{space 2} .3735837{col 51}{space 1}    7.33{col 60}{space 3}0.000{col 68}{space 4} 1.999413{col 81}{space 3} 3.476511
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} 2.665304{col 40}{space 2} .3920477{col 51}{space 1}    6.80{col 60}{space 3}0.000{col 68}{space 4} 1.890253{col 81}{space 3} 3.440356
{txt}{space 21}1968  {c |}{col 28}{res}{space 2}  2.46151{col 40}{space 2} .4149954{col 51}{space 1}    5.93{col 60}{space 3}0.000{col 68}{space 4} 1.641093{col 81}{space 3} 3.281928
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} 2.117312{col 40}{space 2}  .411026{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4} 1.304742{col 81}{space 3} 2.929883
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} 1.912965{col 40}{space 2} .3868821{col 51}{space 1}    4.94{col 60}{space 3}0.000{col 68}{space 4} 1.148126{col 81}{space 3} 2.677805
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} 2.097331{col 40}{space 2} .3936241{col 51}{space 1}    5.33{col 60}{space 3}0.000{col 68}{space 4} 1.319163{col 81}{space 3} 2.875498
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} 1.675552{col 40}{space 2} .3739061{col 51}{space 1}    4.48{col 60}{space 3}0.000{col 68}{space 4} .9363655{col 81}{space 3} 2.414739
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} 2.021807{col 40}{space 2} .3857171{col 51}{space 1}    5.24{col 60}{space 3}0.000{col 68}{space 4}  1.25927{col 81}{space 3} 2.784343
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} 2.127108{col 40}{space 2} .3964663{col 51}{space 1}    5.37{col 60}{space 3}0.000{col 68}{space 4} 1.343321{col 81}{space 3} 2.910894
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} 2.326618{col 40}{space 2} .3698932{col 51}{space 1}    6.29{col 60}{space 3}0.000{col 68}{space 4} 1.595364{col 81}{space 3} 3.057871
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} 2.288362{col 40}{space 2} .3818145{col 51}{space 1}    5.99{col 60}{space 3}0.000{col 68}{space 4} 1.533541{col 81}{space 3} 3.043183
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} 2.664783{col 40}{space 2} .4099744{col 51}{space 1}    6.50{col 60}{space 3}0.000{col 68}{space 4} 1.854292{col 81}{space 3} 3.475275
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} 2.442002{col 40}{space 2} .3734892{col 51}{space 1}    6.54{col 60}{space 3}0.000{col 68}{space 4} 1.703639{col 81}{space 3} 3.180365
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} 2.425656{col 40}{space 2} .3606583{col 51}{space 1}    6.73{col 60}{space 3}0.000{col 68}{space 4} 1.712659{col 81}{space 3} 3.138652
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} 2.415272{col 40}{space 2} .3821593{col 51}{space 1}    6.32{col 60}{space 3}0.000{col 68}{space 4} 1.659769{col 81}{space 3} 3.170774
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} 2.572508{col 40}{space 2} .3879813{col 51}{space 1}    6.63{col 60}{space 3}0.000{col 68}{space 4} 1.805496{col 81}{space 3}  3.33952
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} 2.742602{col 40}{space 2} .4146476{col 51}{space 1}    6.61{col 60}{space 3}0.000{col 68}{space 4} 1.922872{col 81}{space 3} 3.562332
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} 2.603799{col 40}{space 2} .4160834{col 51}{space 1}    6.26{col 60}{space 3}0.000{col 68}{space 4} 1.781231{col 81}{space 3} 3.426367
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} 2.713587{col 40}{space 2} .4207456{col 51}{space 1}    6.45{col 60}{space 3}0.000{col 68}{space 4} 1.881801{col 81}{space 3} 3.545372
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} 3.077832{col 40}{space 2} .4415092{col 51}{space 1}    6.97{col 60}{space 3}0.000{col 68}{space 4} 2.204999{col 81}{space 3} 3.950666
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} 3.005491{col 40}{space 2} .4378913{col 51}{space 1}    6.86{col 60}{space 3}0.000{col 68}{space 4}  2.13981{col 81}{space 3} 3.871172
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} 3.098977{col 40}{space 2} .4407154{col 51}{space 1}    7.03{col 60}{space 3}0.000{col 68}{space 4} 2.227713{col 81}{space 3} 3.970242
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} 3.140134{col 40}{space 2}  .461052{col 51}{space 1}    6.81{col 60}{space 3}0.000{col 68}{space 4} 2.228666{col 81}{space 3} 4.051603
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} 3.140757{col 40}{space 2} .4535943{col 51}{space 1}    6.92{col 60}{space 3}0.000{col 68}{space 4} 2.244032{col 81}{space 3} 4.037482
{txt}{space 21}1990  {c |}{col 28}{res}{space 2}  3.38411{col 40}{space 2}  .477728{col 51}{space 1}    7.08{col 60}{space 3}0.000{col 68}{space 4} 2.439674{col 81}{space 3} 4.328545
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} 3.506202{col 40}{space 2} .4756613{col 51}{space 1}    7.37{col 60}{space 3}0.000{col 68}{space 4} 2.565853{col 81}{space 3} 4.446552
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} 3.493644{col 40}{space 2} .5018781{col 51}{space 1}    6.96{col 60}{space 3}0.000{col 68}{space 4} 2.501465{col 81}{space 3} 4.485823
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} 3.428163{col 40}{space 2} .4888452{col 51}{space 1}    7.01{col 60}{space 3}0.000{col 68}{space 4}  2.46175{col 81}{space 3} 4.394577
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} 3.287821{col 40}{space 2} .4915418{col 51}{space 1}    6.69{col 60}{space 3}0.000{col 68}{space 4} 2.316077{col 81}{space 3} 4.259566
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} 3.224936{col 40}{space 2} .5011475{col 51}{space 1}    6.44{col 60}{space 3}0.000{col 68}{space 4} 2.234201{col 81}{space 3}  4.21567
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} 3.308011{col 40}{space 2} .5103455{col 51}{space 1}    6.48{col 60}{space 3}0.000{col 68}{space 4} 2.299092{col 81}{space 3} 4.316929
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} 3.212039{col 40}{space 2} .5210214{col 51}{space 1}    6.16{col 60}{space 3}0.000{col 68}{space 4} 2.182016{col 81}{space 3} 4.242063
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} 3.416203{col 40}{space 2} .5017922{col 51}{space 1}    6.81{col 60}{space 3}0.000{col 68}{space 4} 2.424194{col 81}{space 3} 4.408211
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} 3.425437{col 40}{space 2} .4979981{col 51}{space 1}    6.88{col 60}{space 3}0.000{col 68}{space 4} 2.440928{col 81}{space 3} 4.409945
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} 3.442393{col 40}{space 2} .4935785{col 51}{space 1}    6.97{col 60}{space 3}0.000{col 68}{space 4} 2.466623{col 81}{space 3} 4.418164
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} 4.026337{col 40}{space 2} .4891731{col 51}{space 1}    8.23{col 60}{space 3}0.000{col 68}{space 4} 3.059275{col 81}{space 3} 4.993399
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} 4.132359{col 40}{space 2} .4994909{col 51}{space 1}    8.27{col 60}{space 3}0.000{col 68}{space 4} 3.144899{col 81}{space 3} 5.119818
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} 4.429021{col 40}{space 2} .5086325{col 51}{space 1}    8.71{col 60}{space 3}0.000{col 68}{space 4}  3.42349{col 81}{space 3} 5.434553
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} 4.563488{col 40}{space 2} .5321479{col 51}{space 1}    8.58{col 60}{space 3}0.000{col 68}{space 4} 3.511468{col 81}{space 3} 5.615508
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} 4.736908{col 40}{space 2} .5366743{col 51}{space 1}    8.83{col 60}{space 3}0.000{col 68}{space 4} 3.675939{col 81}{space 3} 5.797876
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} 4.792105{col 40}{space 2} .5343289{col 51}{space 1}    8.97{col 60}{space 3}0.000{col 68}{space 4} 3.735774{col 81}{space 3} 5.848437
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} 4.807853{col 40}{space 2} .5171666{col 51}{space 1}    9.30{col 60}{space 3}0.000{col 68}{space 4}  3.78545{col 81}{space 3} 5.830256
{txt}{space 21}2008  {c |}{col 28}{res}{space 2}  5.02036{col 40}{space 2} .5187336{col 51}{space 1}    9.68{col 60}{space 3}0.000{col 68}{space 4} 3.994859{col 81}{space 3} 6.045861
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} 5.064886{col 40}{space 2} .5164456{col 51}{space 1}    9.81{col 60}{space 3}0.000{col 68}{space 4} 4.043909{col 81}{space 3} 6.085864
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} 4.989639{col 40}{space 2} .4920761{col 51}{space 1}   10.14{col 60}{space 3}0.000{col 68}{space 4} 4.016839{col 81}{space 3}  5.96244
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} 4.832839{col 40}{space 2} .4941996{col 51}{space 1}    9.78{col 60}{space 3}0.000{col 68}{space 4}  3.85584{col 81}{space 3} 5.809838
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} 4.876575{col 40}{space 2} .4795944{col 51}{space 1}   10.17{col 60}{space 3}0.000{col 68}{space 4} 3.928449{col 81}{space 3}   5.8247
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} 4.930665{col 40}{space 2} .4822105{col 51}{space 1}   10.23{col 60}{space 3}0.000{col 68}{space 4} 3.977368{col 81}{space 3} 5.883962
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} 5.017513{col 40}{space 2} .4971634{col 51}{space 1}   10.09{col 60}{space 3}0.000{col 68}{space 4} 4.034655{col 81}{space 3} 6.000371
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} 5.030967{col 40}{space 2} .4925947{col 51}{space 1}   10.21{col 60}{space 3}0.000{col 68}{space 4} 4.057141{col 81}{space 3} 6.004793
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} 4.948076{col 40}{space 2} .4778229{col 51}{space 1}   10.36{col 60}{space 3}0.000{col 68}{space 4} 4.003453{col 81}{space 3}   5.8927
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} 4.963356{col 40}{space 2} .4801379{col 51}{space 1}   10.34{col 60}{space 3}0.000{col 68}{space 4} 4.014156{col 81}{space 3} 5.912555
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} 4.911718{col 40}{space 2}   .49059{col 51}{space 1}   10.01{col 60}{space 3}0.000{col 68}{space 4} 3.941855{col 81}{space 3} 5.881581
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} 4.993258{col 40}{space 2} .4733621{col 51}{space 1}   10.55{col 60}{space 3}0.000{col 68}{space 4} 4.057454{col 81}{space 3} 5.929062
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} 4.875773{col 40}{space 2}  .462898{col 51}{space 1}   10.53{col 60}{space 3}0.000{col 68}{space 4} 3.960655{col 81}{space 3} 5.790891
{txt}{space 21}2021  {c |}{col 28}{res}{space 2} 4.970897{col 40}{space 2} .4584522{col 51}{space 1}   10.84{col 60}{space 3}0.000{col 68}{space 4} 4.064568{col 81}{space 3} 5.877225
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} 1.545584{col 40}{space 2} .6622085{col 51}{space 1}    2.33{col 60}{space 3}0.021{col 68}{space 4} .2364433{col 81}{space 3} 2.854725
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} 1.4691978
                   {txt}sigma_e {c |} {res} 1.2977387
                       {txt}rho {c |} {res}  .5617301{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 3
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_economic
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,745
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.3387{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2372{col 63}{txt}avg{col 67}={col 69}{res}      40.7
{txt}     overall = {res}0.2716{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}140{txt}){col 67}={col 70}{res}    20.37
{txt}corr(u_i, Xb){col 16}= {res}0.0474{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_us_aid_economic{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2}  .009211{col 40}{space 2} .0341264{col 51}{space 1}    0.27{col 60}{space 3}0.788{col 68}{space 4}-.0582588{col 81}{space 3} .0766808
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.7765004{col 40}{space 2} .1437315{col 51}{space 1}   -5.40{col 60}{space 3}0.000{col 68}{space 4}-1.060665{col 81}{space 3}-.4923354
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2}-.3525646{col 40}{space 2} .2554584{col 51}{space 1}   -1.38{col 60}{space 3}0.170{col 68}{space 4}-.8576196{col 81}{space 3} .1524904
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2} .0808964{col 40}{space 2} .0947066{col 51}{space 1}    0.85{col 60}{space 3}0.394{col 68}{space 4}-.1063437{col 81}{space 3} .2681366
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2} .0998639{col 40}{space 2} .6115454{col 51}{space 1}    0.16{col 60}{space 3}0.871{col 68}{space 4}-1.109194{col 81}{space 3} 1.308922
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2} .4394089{col 40}{space 2} .1560772{col 51}{space 1}    2.82{col 60}{space 3}0.006{col 68}{space 4} .1308358{col 81}{space 3} .7479819
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2}-.0403061{col 40}{space 2} .1021026{col 51}{space 1}   -0.39{col 60}{space 3}0.694{col 68}{space 4}-.2421684{col 81}{space 3} .1615563
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2}-.0515944{col 40}{space 2} .1336055{col 51}{space 1}   -0.39{col 60}{space 3}0.700{col 68}{space 4}-.3157396{col 81}{space 3} .2125509
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .7957131{col 40}{space 2} .2542814{col 51}{space 1}    3.13{col 60}{space 3}0.002{col 68}{space 4} .2929851{col 81}{space 3} 1.298441
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} 1.210765{col 40}{space 2} .2572141{col 51}{space 1}    4.71{col 60}{space 3}0.000{col 68}{space 4} .7022391{col 81}{space 3} 1.719291
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} 1.635053{col 40}{space 2} .3355348{col 51}{space 1}    4.87{col 60}{space 3}0.000{col 68}{space 4} .9716832{col 81}{space 3} 2.298424
{txt}{space 21}1954  {c |}{col 28}{res}{space 2}  1.83866{col 40}{space 2} .3596738{col 51}{space 1}    5.11{col 60}{space 3}0.000{col 68}{space 4} 1.127565{col 81}{space 3} 2.549754
{txt}{space 21}1955  {c |}{col 28}{res}{space 2}  2.15323{col 40}{space 2} .3488468{col 51}{space 1}    6.17{col 60}{space 3}0.000{col 68}{space 4} 1.463541{col 81}{space 3} 2.842919
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} 2.320796{col 40}{space 2} .3547346{col 51}{space 1}    6.54{col 60}{space 3}0.000{col 68}{space 4} 1.619466{col 81}{space 3} 3.022125
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} 2.796101{col 40}{space 2} .3795438{col 51}{space 1}    7.37{col 60}{space 3}0.000{col 68}{space 4} 2.045723{col 81}{space 3}  3.54648
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} 2.385355{col 40}{space 2} .3155947{col 51}{space 1}    7.56{col 60}{space 3}0.000{col 68}{space 4} 1.761407{col 81}{space 3} 3.009303
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} 2.604081{col 40}{space 2} .3368115{col 51}{space 1}    7.73{col 60}{space 3}0.000{col 68}{space 4} 1.938187{col 81}{space 3} 3.269975
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} 2.365224{col 40}{space 2} .3387124{col 51}{space 1}    6.98{col 60}{space 3}0.000{col 68}{space 4} 1.695572{col 81}{space 3} 3.034877
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} 2.860162{col 40}{space 2} .3627823{col 51}{space 1}    7.88{col 60}{space 3}0.000{col 68}{space 4} 2.142922{col 81}{space 3} 3.577402
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} 3.128062{col 40}{space 2} .3728693{col 51}{space 1}    8.39{col 60}{space 3}0.000{col 68}{space 4} 2.390879{col 81}{space 3} 3.865244
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} 3.010751{col 40}{space 2} .3689769{col 51}{space 1}    8.16{col 60}{space 3}0.000{col 68}{space 4} 2.281264{col 81}{space 3} 3.740238
{txt}{space 21}1964  {c |}{col 28}{res}{space 2}  3.11696{col 40}{space 2} .3859384{col 51}{space 1}    8.08{col 60}{space 3}0.000{col 68}{space 4} 2.353939{col 81}{space 3} 3.879981
{txt}{space 21}1965  {c |}{col 28}{res}{space 2} 2.691516{col 40}{space 2} .3732436{col 51}{space 1}    7.21{col 60}{space 3}0.000{col 68}{space 4} 1.953593{col 81}{space 3} 3.429438
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} 2.689251{col 40}{space 2}  .414401{col 51}{space 1}    6.49{col 60}{space 3}0.000{col 68}{space 4} 1.869958{col 81}{space 3} 3.508544
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} 2.305353{col 40}{space 2} .4156195{col 51}{space 1}    5.55{col 60}{space 3}0.000{col 68}{space 4} 1.483651{col 81}{space 3} 3.127056
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} 2.370879{col 40}{space 2} .4538945{col 51}{space 1}    5.22{col 60}{space 3}0.000{col 68}{space 4} 1.473505{col 81}{space 3} 3.268252
{txt}{space 21}1970  {c |}{col 28}{res}{space 2}  2.17245{col 40}{space 2} .4268592{col 51}{space 1}    5.09{col 60}{space 3}0.000{col 68}{space 4} 1.328526{col 81}{space 3} 3.016373
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} 2.148175{col 40}{space 2} .4152038{col 51}{space 1}    5.17{col 60}{space 3}0.000{col 68}{space 4} 1.327295{col 81}{space 3} 2.969055
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} 2.180297{col 40}{space 2} .4231027{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4}   1.3438{col 81}{space 3} 3.016793
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} 1.759202{col 40}{space 2} .3960591{col 51}{space 1}    4.44{col 60}{space 3}0.000{col 68}{space 4}  .976172{col 81}{space 3} 2.542232
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} 2.142468{col 40}{space 2} .4266662{col 51}{space 1}    5.02{col 60}{space 3}0.000{col 68}{space 4} 1.298926{col 81}{space 3}  2.98601
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} 2.476077{col 40}{space 2} .4208113{col 51}{space 1}    5.88{col 60}{space 3}0.000{col 68}{space 4}  1.64411{col 81}{space 3} 3.308043
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} 2.219411{col 40}{space 2} .4128254{col 51}{space 1}    5.38{col 60}{space 3}0.000{col 68}{space 4} 1.403233{col 81}{space 3} 3.035589
{txt}{space 21}1977  {c |}{col 28}{res}{space 2}  2.38186{col 40}{space 2} .4173556{col 51}{space 1}    5.71{col 60}{space 3}0.000{col 68}{space 4} 1.556725{col 81}{space 3} 3.206994
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} 2.893019{col 40}{space 2} .4536942{col 51}{space 1}    6.38{col 60}{space 3}0.000{col 68}{space 4} 1.996041{col 81}{space 3} 3.789996
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} 2.561769{col 40}{space 2} .4068447{col 51}{space 1}    6.30{col 60}{space 3}0.000{col 68}{space 4} 1.757416{col 81}{space 3} 3.366123
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} 2.420995{col 40}{space 2} .4132194{col 51}{space 1}    5.86{col 60}{space 3}0.000{col 68}{space 4} 1.604038{col 81}{space 3} 3.237952
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} 2.560376{col 40}{space 2}  .422053{col 51}{space 1}    6.07{col 60}{space 3}0.000{col 68}{space 4} 1.725954{col 81}{space 3} 3.394797
{txt}{space 21}1982  {c |}{col 28}{res}{space 2}  2.54283{col 40}{space 2} .4316214{col 51}{space 1}    5.89{col 60}{space 3}0.000{col 68}{space 4} 1.689491{col 81}{space 3} 3.396168
{txt}{space 21}1983  {c |}{col 28}{res}{space 2}   2.7519{col 40}{space 2} .4580814{col 51}{space 1}    6.01{col 60}{space 3}0.000{col 68}{space 4} 1.846248{col 81}{space 3} 3.657551
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} 2.773743{col 40}{space 2} .4601493{col 51}{space 1}    6.03{col 60}{space 3}0.000{col 68}{space 4} 1.864003{col 81}{space 3} 3.683482
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} 2.969537{col 40}{space 2} .4639643{col 51}{space 1}    6.40{col 60}{space 3}0.000{col 68}{space 4} 2.052254{col 81}{space 3} 3.886819
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} 3.068205{col 40}{space 2} .4752366{col 51}{space 1}    6.46{col 60}{space 3}0.000{col 68}{space 4} 2.128637{col 81}{space 3} 4.007773
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} 3.041611{col 40}{space 2} .4719282{col 51}{space 1}    6.45{col 60}{space 3}0.000{col 68}{space 4} 2.108584{col 81}{space 3} 3.974639
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} 3.120189{col 40}{space 2} .4889849{col 51}{space 1}    6.38{col 60}{space 3}0.000{col 68}{space 4}  2.15344{col 81}{space 3} 4.086939
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} 3.211574{col 40}{space 2} .4963424{col 51}{space 1}    6.47{col 60}{space 3}0.000{col 68}{space 4} 2.230278{col 81}{space 3} 4.192869
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} 3.319303{col 40}{space 2} .5067431{col 51}{space 1}    6.55{col 60}{space 3}0.000{col 68}{space 4} 2.317444{col 81}{space 3} 4.321161
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} 3.545326{col 40}{space 2} .5193081{col 51}{space 1}    6.83{col 60}{space 3}0.000{col 68}{space 4} 2.518626{col 81}{space 3} 4.572026
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} 3.670756{col 40}{space 2} .5440512{col 51}{space 1}    6.75{col 60}{space 3}0.000{col 68}{space 4} 2.595137{col 81}{space 3} 4.746374
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} 3.526235{col 40}{space 2} .5288456{col 51}{space 1}    6.67{col 60}{space 3}0.000{col 68}{space 4} 2.480679{col 81}{space 3} 4.571791
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} 3.304985{col 40}{space 2} .5445819{col 51}{space 1}    6.07{col 60}{space 3}0.000{col 68}{space 4} 2.228317{col 81}{space 3} 4.381652
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} 3.187808{col 40}{space 2} .5348275{col 51}{space 1}    5.96{col 60}{space 3}0.000{col 68}{space 4} 2.130425{col 81}{space 3} 4.245191
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} 3.247105{col 40}{space 2} .5411164{col 51}{space 1}    6.00{col 60}{space 3}0.000{col 68}{space 4} 2.177289{col 81}{space 3} 4.316921
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} 3.217408{col 40}{space 2} .5558486{col 51}{space 1}    5.79{col 60}{space 3}0.000{col 68}{space 4} 2.118465{col 81}{space 3}  4.31635
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} 3.541068{col 40}{space 2} .5556743{col 51}{space 1}    6.37{col 60}{space 3}0.000{col 68}{space 4} 2.442471{col 81}{space 3} 4.639666
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} 3.696181{col 40}{space 2} .5523673{col 51}{space 1}    6.69{col 60}{space 3}0.000{col 68}{space 4} 2.604122{col 81}{space 3} 4.788241
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} 3.513166{col 40}{space 2} .5357634{col 51}{space 1}    6.56{col 60}{space 3}0.000{col 68}{space 4} 2.453933{col 81}{space 3} 4.572399
{txt}{space 21}2001  {c |}{col 28}{res}{space 2}  4.00121{col 40}{space 2} .5347602{col 51}{space 1}    7.48{col 60}{space 3}0.000{col 68}{space 4} 2.943961{col 81}{space 3}  5.05846
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} 4.223762{col 40}{space 2} .5335245{col 51}{space 1}    7.92{col 60}{space 3}0.000{col 68}{space 4} 3.168955{col 81}{space 3} 5.278568
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} 4.420851{col 40}{space 2} .5469687{col 51}{space 1}    8.08{col 60}{space 3}0.000{col 68}{space 4} 3.339465{col 81}{space 3} 5.502238
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} 4.486157{col 40}{space 2}  .553299{col 51}{space 1}    8.11{col 60}{space 3}0.000{col 68}{space 4} 3.392255{col 81}{space 3} 5.580059
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} 4.779308{col 40}{space 2}  .566191{col 51}{space 1}    8.44{col 60}{space 3}0.000{col 68}{space 4} 3.659918{col 81}{space 3} 5.898698
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} 4.788445{col 40}{space 2} .5642105{col 51}{space 1}    8.49{col 60}{space 3}0.000{col 68}{space 4} 3.672971{col 81}{space 3}  5.90392
{txt}{space 21}2007  {c |}{col 28}{res}{space 2}  4.97504{col 40}{space 2} .5603839{col 51}{space 1}    8.88{col 60}{space 3}0.000{col 68}{space 4} 3.867131{col 81}{space 3} 6.082949
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} 5.086719{col 40}{space 2} .5537049{col 51}{space 1}    9.19{col 60}{space 3}0.000{col 68}{space 4} 3.992015{col 81}{space 3} 6.181424
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} 5.078277{col 40}{space 2} .5461932{col 51}{space 1}    9.30{col 60}{space 3}0.000{col 68}{space 4} 3.998424{col 81}{space 3}  6.15813
{txt}{space 21}2010  {c |}{col 28}{res}{space 2}  5.19733{col 40}{space 2} .5425929{col 51}{space 1}    9.58{col 60}{space 3}0.000{col 68}{space 4} 4.124594{col 81}{space 3} 6.270065
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} 4.910071{col 40}{space 2} .5260133{col 51}{space 1}    9.33{col 60}{space 3}0.000{col 68}{space 4} 3.870115{col 81}{space 3} 5.950028
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} 4.976168{col 40}{space 2} .5216666{col 51}{space 1}    9.54{col 60}{space 3}0.000{col 68}{space 4} 3.944805{col 81}{space 3} 6.007531
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} 4.951035{col 40}{space 2} .5113822{col 51}{space 1}    9.68{col 60}{space 3}0.000{col 68}{space 4} 3.940005{col 81}{space 3} 5.962065
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} 4.948144{col 40}{space 2} .5179651{col 51}{space 1}    9.55{col 60}{space 3}0.000{col 68}{space 4} 3.924099{col 81}{space 3} 5.972189
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} 5.079229{col 40}{space 2} .5301002{col 51}{space 1}    9.58{col 60}{space 3}0.000{col 68}{space 4} 4.031192{col 81}{space 3} 6.127265
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} 5.092346{col 40}{space 2} .5199255{col 51}{space 1}    9.79{col 60}{space 3}0.000{col 68}{space 4} 4.064425{col 81}{space 3} 6.120266
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} 5.059432{col 40}{space 2} .5100994{col 51}{space 1}    9.92{col 60}{space 3}0.000{col 68}{space 4} 4.050938{col 81}{space 3} 6.067926
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} 4.962567{col 40}{space 2} .5181718{col 51}{space 1}    9.58{col 60}{space 3}0.000{col 68}{space 4} 3.938114{col 81}{space 3} 5.987021
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} 5.026103{col 40}{space 2} .5047939{col 51}{space 1}    9.96{col 60}{space 3}0.000{col 68}{space 4} 4.028099{col 81}{space 3} 6.024108
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} 5.003748{col 40}{space 2} .5056202{col 51}{space 1}    9.90{col 60}{space 3}0.000{col 68}{space 4} 4.004109{col 81}{space 3} 6.003386
{txt}{space 21}2021  {c |}{col 28}{res}{space 2} 4.991291{col 40}{space 2} .4843404{col 51}{space 1}   10.31{col 60}{space 3}0.000{col 68}{space 4} 4.033724{col 81}{space 3} 5.948857
{txt}{space 21}2022  {c |}{col 28}{res}{space 2} 5.033095{col 40}{space 2} .4932501{col 51}{space 1}   10.20{col 60}{space 3}0.000{col 68}{space 4} 4.057913{col 81}{space 3} 6.008277
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} 1.526846{col 40}{space 2} .6859894{col 51}{space 1}    2.23{col 60}{space 3}0.028{col 68}{space 4} .1706086{col 81}{space 3} 2.883084
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} 1.4909871
                   {txt}sigma_e {c |} {res} 1.2945427
                       {txt}rho {c |} {res} .57017416{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}. 
.         *Model 4
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_military
>                 firm_strict_count_start
>                 fpdist
>                 tournament
>                 l1_rep_score
>                 l1_v2x_corr
>                 l1_cw_loint
>                 l1_bin_coup_suc 
>                 i.year
>                 if
>                 vdem_autoc==1 
>                 , 
>                 fe              
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,836
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.1916{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2227{col 63}{txt}avg{col 67}={col 69}{res}      41.1
{txt}     overall = {res}0.1735{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}     7.36
{txt}corr(u_i, Xb){col 16}= {res}-0.0109{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 89:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 24}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 25}{c |}{col 37}    Robust
{col 1}     ln_us_aid_military{col 25}{c |}      Coef.{col 37}   Std. Err.{col 49}      t{col 57}   P>|t|{col 65}     [95% Con{col 78}f. Interval]
{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
firm_strict_count_start {c |}{col 25}{res}{space 2}-.0264064{col 37}{space 2} .0443892{col 48}{space 1}   -0.59{col 57}{space 3}0.553{col 65}{space 4}-.1141608{col 78}{space 3} .0613479
{txt}{space 17}fpdist {c |}{col 25}{res}{space 2}-.7199198{col 37}{space 2} .1226604{col 48}{space 1}   -5.87{col 57}{space 3}0.000{col 65}{space 4} -.962411{col 78}{space 3}-.4774285
{txt}{space 13}tournament {c |}{col 25}{res}{space 2}-.2044591{col 37}{space 2}  .153274{col 48}{space 1}   -1.33{col 57}{space 3}0.184{col 65}{space 4}-.5074713{col 78}{space 3} .0985531
{txt}{space 11}l1_rep_score {c |}{col 25}{res}{space 2} .0762387{col 37}{space 2} .0839931{col 48}{space 1}    0.91{col 57}{space 3}0.366{col 65}{space 4}-.0898099{col 78}{space 3} .2422873
{txt}{space 12}l1_v2x_corr {c |}{col 25}{res}{space 2} .7716827{col 37}{space 2} .6247019{col 48}{space 1}    1.24{col 57}{space 3}0.219{col 65}{space 4}-.4633101{col 78}{space 3} 2.006676
{txt}{space 12}l1_cw_loint {c |}{col 25}{res}{space 2} .2754996{col 37}{space 2} .1426987{col 48}{space 1}    1.93{col 57}{space 3}0.056{col 65}{space 4} -.006606{col 78}{space 3} .5576053
{txt}{space 8}l1_bin_coup_suc {c |}{col 25}{res}{space 2}-.0789934{col 37}{space 2} .0971451{col 48}{space 1}   -0.81{col 57}{space 3}0.418{col 65}{space 4}-.2710427{col 78}{space 3} .1130559
{txt}{space 23} {c |}
{space 19}year {c |}
{space 18}1948  {c |}{col 25}{res}{space 2} .4665334{col 37}{space 2} .2480978{col 48}{space 1}    1.88{col 57}{space 3}0.062{col 65}{space 4}-.0239389{col 78}{space 3} .9570057
{txt}{space 18}1949  {c |}{col 25}{res}{space 2}  .513064{col 37}{space 2} .2462623{col 48}{space 1}    2.08{col 57}{space 3}0.039{col 65}{space 4} .0262203{col 78}{space 3} .9999077
{txt}{space 18}1950  {c |}{col 25}{res}{space 2} .6389288{col 37}{space 2} .3339467{col 48}{space 1}    1.91{col 57}{space 3}0.058{col 65}{space 4} -.021261{col 78}{space 3} 1.299119
{txt}{space 18}1951  {c |}{col 25}{res}{space 2} 1.101046{col 37}{space 2} .3475117{col 48}{space 1}    3.17{col 57}{space 3}0.002{col 65}{space 4} .4140392{col 78}{space 3} 1.788053
{txt}{space 18}1952  {c |}{col 25}{res}{space 2} 1.841927{col 37}{space 2}  .389172{col 48}{space 1}    4.73{col 57}{space 3}0.000{col 65}{space 4} 1.072561{col 78}{space 3} 2.611294
{txt}{space 18}1953  {c |}{col 25}{res}{space 2}  1.64468{col 37}{space 2} .3789462{col 48}{space 1}    4.34{col 57}{space 3}0.000{col 65}{space 4} .8955292{col 78}{space 3} 2.393831
{txt}{space 18}1954  {c |}{col 25}{res}{space 2} 1.493499{col 37}{space 2} .3669426{col 48}{space 1}    4.07{col 57}{space 3}0.000{col 65}{space 4} .7680788{col 78}{space 3}  2.21892
{txt}{space 18}1955  {c |}{col 25}{res}{space 2} 1.931274{col 37}{space 2} .3509217{col 48}{space 1}    5.50{col 57}{space 3}0.000{col 65}{space 4} 1.237526{col 78}{space 3} 2.625022
{txt}{space 18}1956  {c |}{col 25}{res}{space 2} 1.852301{col 37}{space 2} .3228028{col 48}{space 1}    5.74{col 57}{space 3}0.000{col 65}{space 4} 1.214142{col 78}{space 3}  2.49046
{txt}{space 18}1957  {c |}{col 25}{res}{space 2} 1.893283{col 37}{space 2} .3520919{col 48}{space 1}    5.38{col 57}{space 3}0.000{col 65}{space 4} 1.197221{col 78}{space 3} 2.589344
{txt}{space 18}1958  {c |}{col 25}{res}{space 2} 1.843994{col 37}{space 2} .3476356{col 48}{space 1}    5.30{col 57}{space 3}0.000{col 65}{space 4} 1.156742{col 78}{space 3} 2.531246
{txt}{space 18}1959  {c |}{col 25}{res}{space 2}  2.04935{col 37}{space 2} .3586238{col 48}{space 1}    5.71{col 57}{space 3}0.000{col 65}{space 4} 1.340375{col 78}{space 3} 2.758324
{txt}{space 18}1960  {c |}{col 25}{res}{space 2} 2.173137{col 37}{space 2} .3360154{col 48}{space 1}    6.47{col 57}{space 3}0.000{col 65}{space 4} 1.508858{col 78}{space 3} 2.837416
{txt}{space 18}1961  {c |}{col 25}{res}{space 2} 2.328892{col 37}{space 2}  .336018{col 48}{space 1}    6.93{col 57}{space 3}0.000{col 65}{space 4} 1.664607{col 78}{space 3} 2.993177
{txt}{space 18}1962  {c |}{col 25}{res}{space 2} 2.776927{col 37}{space 2} .3442723{col 48}{space 1}    8.07{col 57}{space 3}0.000{col 65}{space 4} 2.096324{col 78}{space 3} 3.457529
{txt}{space 18}1963  {c |}{col 25}{res}{space 2} 2.342137{col 37}{space 2} .3152885{col 48}{space 1}    7.43{col 57}{space 3}0.000{col 65}{space 4} 1.718833{col 78}{space 3}  2.96544
{txt}{space 18}1965  {c |}{col 25}{res}{space 2} 2.502889{col 37}{space 2} .3473924{col 48}{space 1}    7.20{col 57}{space 3}0.000{col 65}{space 4} 1.816118{col 78}{space 3}  3.18966
{txt}{space 18}1966  {c |}{col 25}{res}{space 2} 2.651711{col 37}{space 2} .3507031{col 48}{space 1}    7.56{col 57}{space 3}0.000{col 65}{space 4} 1.958395{col 78}{space 3} 3.345027
{txt}{space 18}1967  {c |}{col 25}{res}{space 2} 2.876333{col 37}{space 2} .3840015{col 48}{space 1}    7.49{col 57}{space 3}0.000{col 65}{space 4} 2.117188{col 78}{space 3} 3.635477
{txt}{space 18}1968  {c |}{col 25}{res}{space 2} 2.497398{col 37}{space 2} .3550287{col 48}{space 1}    7.03{col 57}{space 3}0.000{col 65}{space 4} 1.795531{col 78}{space 3} 3.199266
{txt}{space 18}1969  {c |}{col 25}{res}{space 2} 2.228127{col 37}{space 2} .3353455{col 48}{space 1}    6.64{col 57}{space 3}0.000{col 65}{space 4} 1.565172{col 78}{space 3} 2.891082
{txt}{space 18}1970  {c |}{col 25}{res}{space 2} 2.133069{col 37}{space 2} .3181901{col 48}{space 1}    6.70{col 57}{space 3}0.000{col 65}{space 4} 1.504029{col 78}{space 3} 2.762109
{txt}{space 18}1971  {c |}{col 25}{res}{space 2} 2.096971{col 37}{space 2}  .318746{col 48}{space 1}    6.58{col 57}{space 3}0.000{col 65}{space 4} 1.466832{col 78}{space 3}  2.72711
{txt}{space 18}1972  {c |}{col 25}{res}{space 2} 2.383984{col 37}{space 2} .3413246{col 48}{space 1}    6.98{col 57}{space 3}0.000{col 65}{space 4} 1.709209{col 78}{space 3} 3.058759
{txt}{space 18}1973  {c |}{col 25}{res}{space 2} 2.324512{col 37}{space 2} .3336914{col 48}{space 1}    6.97{col 57}{space 3}0.000{col 65}{space 4} 1.664827{col 78}{space 3} 2.984197
{txt}{space 18}1974  {c |}{col 25}{res}{space 2} 2.145905{col 37}{space 2} .3261568{col 48}{space 1}    6.58{col 57}{space 3}0.000{col 65}{space 4} 1.501115{col 78}{space 3} 2.790695
{txt}{space 18}1975  {c |}{col 25}{res}{space 2} 2.331014{col 37}{space 2} .3437064{col 48}{space 1}    6.78{col 57}{space 3}0.000{col 65}{space 4}  1.65153{col 78}{space 3} 3.010498
{txt}{space 18}1976  {c |}{col 25}{res}{space 2}   2.7843{col 37}{space 2} .3862398{col 48}{space 1}    7.21{col 57}{space 3}0.000{col 65}{space 4}  2.02073{col 78}{space 3} 3.547869
{txt}{space 18}1977  {c |}{col 25}{res}{space 2} 2.279984{col 37}{space 2} .3404402{col 48}{space 1}    6.70{col 57}{space 3}0.000{col 65}{space 4} 1.606957{col 78}{space 3} 2.953011
{txt}{space 18}1978  {c |}{col 25}{res}{space 2} 2.117174{col 37}{space 2} .3395126{col 48}{space 1}    6.24{col 57}{space 3}0.000{col 65}{space 4} 1.445981{col 78}{space 3} 2.788367
{txt}{space 18}1979  {c |}{col 25}{res}{space 2} 2.214118{col 37}{space 2}  .376862{col 48}{space 1}    5.88{col 57}{space 3}0.000{col 65}{space 4} 1.469088{col 78}{space 3} 2.959149
{txt}{space 18}1980  {c |}{col 25}{res}{space 2} 2.291213{col 37}{space 2} .3585652{col 48}{space 1}    6.39{col 57}{space 3}0.000{col 65}{space 4} 1.582354{col 78}{space 3} 3.000072
{txt}{space 18}1981  {c |}{col 25}{res}{space 2} 2.675827{col 37}{space 2}   .40053{col 48}{space 1}    6.68{col 57}{space 3}0.000{col 65}{space 4} 1.884006{col 78}{space 3} 3.467647
{txt}{space 18}1982  {c |}{col 25}{res}{space 2}  2.70154{col 37}{space 2} .4027759{col 48}{space 1}    6.71{col 57}{space 3}0.000{col 65}{space 4}  1.90528{col 78}{space 3} 3.497801
{txt}{space 18}1983  {c |}{col 25}{res}{space 2} 2.687176{col 37}{space 2} .4049578{col 48}{space 1}    6.64{col 57}{space 3}0.000{col 65}{space 4} 1.886602{col 78}{space 3} 3.487749
{txt}{space 18}1984  {c |}{col 25}{res}{space 2} 2.803313{col 37}{space 2} .4210241{col 48}{space 1}    6.66{col 57}{space 3}0.000{col 65}{space 4} 1.970977{col 78}{space 3} 3.635649
{txt}{space 18}1985  {c |}{col 25}{res}{space 2} 3.046214{col 37}{space 2} .4292353{col 48}{space 1}    7.10{col 57}{space 3}0.000{col 65}{space 4} 2.197646{col 78}{space 3} 3.894783
{txt}{space 18}1986  {c |}{col 25}{res}{space 2} 2.707523{col 37}{space 2} .4302143{col 48}{space 1}    6.29{col 57}{space 3}0.000{col 65}{space 4} 1.857019{col 78}{space 3} 3.558028
{txt}{space 18}1987  {c |}{col 25}{res}{space 2} 2.678382{col 37}{space 2} .4298527{col 48}{space 1}    6.23{col 57}{space 3}0.000{col 65}{space 4} 1.828593{col 78}{space 3} 3.528172
{txt}{space 18}1988  {c |}{col 25}{res}{space 2} 2.885754{col 37}{space 2} .4390857{col 48}{space 1}    6.57{col 57}{space 3}0.000{col 65}{space 4} 2.017711{col 78}{space 3} 3.753796
{txt}{space 18}1989  {c |}{col 25}{res}{space 2} 2.754645{col 37}{space 2} .4461659{col 48}{space 1}    6.17{col 57}{space 3}0.000{col 65}{space 4} 1.872606{col 78}{space 3} 3.636685
{txt}{space 18}1990  {c |}{col 25}{res}{space 2} 3.082551{col 37}{space 2} .4623088{col 48}{space 1}    6.67{col 57}{space 3}0.000{col 65}{space 4} 2.168598{col 78}{space 3} 3.996504
{txt}{space 18}1991  {c |}{col 25}{res}{space 2} 2.905893{col 37}{space 2}  .454257{col 48}{space 1}    6.40{col 57}{space 3}0.000{col 65}{space 4} 2.007858{col 78}{space 3} 3.803928
{txt}{space 18}1992  {c |}{col 25}{res}{space 2} 2.660942{col 37}{space 2} .4599118{col 48}{space 1}    5.79{col 57}{space 3}0.000{col 65}{space 4} 1.751727{col 78}{space 3} 3.570156
{txt}{space 18}1993  {c |}{col 25}{res}{space 2}  2.60093{col 37}{space 2} .4587413{col 48}{space 1}    5.67{col 57}{space 3}0.000{col 65}{space 4}  1.69403{col 78}{space 3}  3.50783
{txt}{space 18}1994  {c |}{col 25}{res}{space 2} 2.552538{col 37}{space 2}   .45341{col 48}{space 1}    5.63{col 57}{space 3}0.000{col 65}{space 4} 1.656177{col 78}{space 3} 3.448898
{txt}{space 18}1995  {c |}{col 25}{res}{space 2} 2.711694{col 37}{space 2} .4674909{col 48}{space 1}    5.80{col 57}{space 3}0.000{col 65}{space 4} 1.787497{col 78}{space 3} 3.635892
{txt}{space 18}1996  {c |}{col 25}{res}{space 2} 2.917017{col 37}{space 2} .4781494{col 48}{space 1}    6.10{col 57}{space 3}0.000{col 65}{space 4} 1.971749{col 78}{space 3} 3.862286
{txt}{space 18}1997  {c |}{col 25}{res}{space 2} 2.725383{col 37}{space 2} .4715583{col 48}{space 1}    5.78{col 57}{space 3}0.000{col 65}{space 4} 1.793144{col 78}{space 3} 3.657621
{txt}{space 18}1998  {c |}{col 25}{res}{space 2} 2.693686{col 37}{space 2} .4596301{col 48}{space 1}    5.86{col 57}{space 3}0.000{col 65}{space 4} 1.785029{col 78}{space 3} 3.602344
{txt}{space 18}1999  {c |}{col 25}{res}{space 2} 2.673856{col 37}{space 2} .4628293{col 48}{space 1}    5.78{col 57}{space 3}0.000{col 65}{space 4} 1.758874{col 78}{space 3} 3.588838
{txt}{space 18}2000  {c |}{col 25}{res}{space 2} 2.565049{col 37}{space 2} .4728775{col 48}{space 1}    5.42{col 57}{space 3}0.000{col 65}{space 4} 1.630203{col 78}{space 3} 3.499896
{txt}{space 18}2001  {c |}{col 25}{res}{space 2} 2.975576{col 37}{space 2}  .469558{col 48}{space 1}    6.34{col 57}{space 3}0.000{col 65}{space 4} 2.047292{col 78}{space 3}  3.90386
{txt}{space 18}2002  {c |}{col 25}{res}{space 2} 3.493355{col 37}{space 2}  .476355{col 48}{space 1}    7.33{col 57}{space 3}0.000{col 65}{space 4} 2.551634{col 78}{space 3} 4.435076
{txt}{space 18}2003  {c |}{col 25}{res}{space 2} 3.565591{col 37}{space 2} .4931073{col 48}{space 1}    7.23{col 57}{space 3}0.000{col 65}{space 4} 2.590752{col 78}{space 3} 4.540431
{txt}{space 18}2004  {c |}{col 25}{res}{space 2} 3.521248{col 37}{space 2}  .500661{col 48}{space 1}    7.03{col 57}{space 3}0.000{col 65}{space 4} 2.531476{col 78}{space 3} 4.511021
{txt}{space 18}2005  {c |}{col 25}{res}{space 2} 4.076097{col 37}{space 2} .5101762{col 48}{space 1}    7.99{col 57}{space 3}0.000{col 65}{space 4} 3.067514{col 78}{space 3} 5.084681
{txt}{space 18}2006  {c |}{col 25}{res}{space 2} 3.671983{col 37}{space 2}  .510137{col 48}{space 1}    7.20{col 57}{space 3}0.000{col 65}{space 4} 2.663477{col 78}{space 3} 4.680489
{txt}{space 18}2007  {c |}{col 25}{res}{space 2} 3.741682{col 37}{space 2} .5018143{col 48}{space 1}    7.46{col 57}{space 3}0.000{col 65}{space 4} 2.749629{col 78}{space 3} 4.733734
{txt}{space 18}2008  {c |}{col 25}{res}{space 2} 3.667703{col 37}{space 2} .5091912{col 48}{space 1}    7.20{col 57}{space 3}0.000{col 65}{space 4} 2.661067{col 78}{space 3} 4.674339
{txt}{space 18}2009  {c |}{col 25}{res}{space 2}  3.67722{col 37}{space 2} .4921145{col 48}{space 1}    7.47{col 57}{space 3}0.000{col 65}{space 4} 2.704343{col 78}{space 3} 4.650096
{txt}{space 18}2010  {c |}{col 25}{res}{space 2} 3.771183{col 37}{space 2} .4857444{col 48}{space 1}    7.76{col 57}{space 3}0.000{col 65}{space 4} 2.810899{col 78}{space 3} 4.731466
{txt}{space 18}2011  {c |}{col 25}{res}{space 2} 4.152052{col 37}{space 2}  .478709{col 48}{space 1}    8.67{col 57}{space 3}0.000{col 65}{space 4} 3.205678{col 78}{space 3} 5.098427
{txt}{space 18}2012  {c |}{col 25}{res}{space 2} 4.131079{col 37}{space 2} .4851625{col 48}{space 1}    8.51{col 57}{space 3}0.000{col 65}{space 4} 3.171946{col 78}{space 3} 5.090212
{txt}{space 18}2013  {c |}{col 25}{res}{space 2} 4.086917{col 37}{space 2} .4661138{col 48}{space 1}    8.77{col 57}{space 3}0.000{col 65}{space 4} 3.165442{col 78}{space 3} 5.008392
{txt}{space 18}2014  {c |}{col 25}{res}{space 2} 3.965279{col 37}{space 2} .4613047{col 48}{space 1}    8.60{col 57}{space 3}0.000{col 65}{space 4} 3.053311{col 78}{space 3} 4.877246
{txt}{space 18}2015  {c |}{col 25}{res}{space 2} 3.906056{col 37}{space 2} .4655402{col 48}{space 1}    8.39{col 57}{space 3}0.000{col 65}{space 4} 2.985715{col 78}{space 3} 4.826398
{txt}{space 18}2016  {c |}{col 25}{res}{space 2} 3.780947{col 37}{space 2}  .473516{col 48}{space 1}    7.98{col 57}{space 3}0.000{col 65}{space 4} 2.844839{col 78}{space 3} 4.717056
{txt}{space 18}2017  {c |}{col 25}{res}{space 2} 3.765914{col 37}{space 2} .4613207{col 48}{space 1}    8.16{col 57}{space 3}0.000{col 65}{space 4} 2.853915{col 78}{space 3} 4.677913
{txt}{space 18}2018  {c |}{col 25}{res}{space 2} 3.634163{col 37}{space 2} .4656276{col 48}{space 1}    7.80{col 57}{space 3}0.000{col 65}{space 4} 2.713649{col 78}{space 3} 4.554677
{txt}{space 18}2019  {c |}{col 25}{res}{space 2} 3.789066{col 37}{space 2} .4600865{col 48}{space 1}    8.24{col 57}{space 3}0.000{col 65}{space 4} 2.879507{col 78}{space 3} 4.698626
{txt}{space 18}2020  {c |}{col 25}{res}{space 2} 3.698028{col 37}{space 2} .4539493{col 48}{space 1}    8.15{col 57}{space 3}0.000{col 65}{space 4} 2.800602{col 78}{space 3} 4.595455
{txt}{space 23} {c |}
{space 18}_cons {c |}{col 25}{res}{space 2}-.3306925{col 37}{space 2} .6012061{col 48}{space 1}   -0.55{col 57}{space 3}0.583{col 65}{space 4}-1.519236{col 78}{space 3} .8578508
{txt}{hline 24}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                sigma_u {c |} {res} 1.2541784
                {txt}sigma_e {c |} {res} 1.3457607
                    {txt}rho {c |} {res} .46481888{txt}   (fraction of variance due to u_i)
{hline 24}{c BT}{hline 64}

{com}.         #delimit cr
{txt}delimiter now cr
{com}.         
.         *Model 5
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_military
>                 l1_firm_strict_count_start
>                 l1_fpdist
>                 l1_tournament
>                 l2_rep_score
>                 l2_v2x_corr
>                 l2_cw_loint
>                 l2_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,794
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       142

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.1875{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2255{col 63}{txt}avg{col 67}={col 69}{res}      40.8
{txt}     overall = {res}0.1724{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}141{txt}){col 67}={col 70}{res}     9.57
{txt}corr(u_i, Xb){col 16}= {res}-0.0100{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:142} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_us_aid_military{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l1_firm_strict_count_start {c |}{col 28}{res}{space 2}-.0142751{col 40}{space 2} .0447499{col 51}{space 1}   -0.32{col 60}{space 3}0.750{col 68}{space 4}-.1027427{col 81}{space 3} .0741924
{txt}{space 17}l1_fpdist {c |}{col 28}{res}{space 2}-.7649056{col 40}{space 2} .1243028{col 51}{space 1}   -6.15{col 60}{space 3}0.000{col 68}{space 4}-1.010644{col 81}{space 3}-.5191676
{txt}{space 13}l1_tournament {c |}{col 28}{res}{space 2}-.1975172{col 40}{space 2} .1992917{col 51}{space 1}   -0.99{col 60}{space 3}0.323{col 68}{space 4}-.5915032{col 81}{space 3} .1964688
{txt}{space 14}l2_rep_score {c |}{col 28}{res}{space 2} .0611462{col 40}{space 2} .0864382{col 51}{space 1}    0.71{col 60}{space 3}0.480{col 68}{space 4}-.1097363{col 81}{space 3} .2320287
{txt}{space 15}l2_v2x_corr {c |}{col 28}{res}{space 2} .6646654{col 40}{space 2} .6217776{col 51}{space 1}    1.07{col 60}{space 3}0.287{col 68}{space 4}-.5645462{col 81}{space 3} 1.893877
{txt}{space 15}l2_cw_loint {c |}{col 28}{res}{space 2}  .231721{col 40}{space 2} .1466657{col 51}{space 1}    1.58{col 60}{space 3}0.116{col 68}{space 4} -.058227{col 81}{space 3} .5216689
{txt}{space 11}l2_bin_coup_suc {c |}{col 28}{res}{space 2}-.1003865{col 40}{space 2} .0975253{col 51}{space 1}   -1.03{col 60}{space 3}0.305{col 68}{space 4}-.2931874{col 81}{space 3} .0924143
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1949  {c |}{col 28}{res}{space 2} .0919075{col 40}{space 2} .0741029{col 51}{space 1}    1.24{col 60}{space 3}0.217{col 68}{space 4}-.0545889{col 81}{space 3} .2384039
{txt}{space 21}1950  {c |}{col 28}{res}{space 2} .4236148{col 40}{space 2} .2091893{col 51}{space 1}    2.03{col 60}{space 3}0.045{col 68}{space 4}  .010062{col 81}{space 3} .8371677
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .5487519{col 40}{space 2}  .257223{col 51}{space 1}    2.13{col 60}{space 3}0.035{col 68}{space 4} .0402396{col 81}{space 3} 1.057264
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} 1.251006{col 40}{space 2} .3242963{col 51}{space 1}    3.86{col 60}{space 3}0.000{col 68}{space 4} .6098946{col 81}{space 3} 1.892118
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} 1.571336{col 40}{space 2} .3424513{col 51}{space 1}    4.59{col 60}{space 3}0.000{col 68}{space 4} .8943331{col 81}{space 3} 2.248338
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} 1.232752{col 40}{space 2} .3071887{col 51}{space 1}    4.01{col 60}{space 3}0.000{col 68}{space 4} .6254608{col 81}{space 3} 1.840043
{txt}{space 21}1955  {c |}{col 28}{res}{space 2}  1.23523{col 40}{space 2} .3173153{col 51}{space 1}    3.89{col 60}{space 3}0.000{col 68}{space 4} .6079194{col 81}{space 3}  1.86254
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} 1.940115{col 40}{space 2} .3289004{col 51}{space 1}    5.90{col 60}{space 3}0.000{col 68}{space 4} 1.289902{col 81}{space 3} 2.590329
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} 1.591015{col 40}{space 2}  .308868{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4} .9804047{col 81}{space 3} 2.201626
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} 1.492358{col 40}{space 2} .3117551{col 51}{space 1}    4.79{col 60}{space 3}0.000{col 68}{space 4} .8760398{col 81}{space 3} 2.108677
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} 1.431282{col 40}{space 2} .3063382{col 51}{space 1}    4.67{col 60}{space 3}0.000{col 68}{space 4} .8256725{col 81}{space 3} 2.036892
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} 1.808687{col 40}{space 2} .2822373{col 51}{space 1}    6.41{col 60}{space 3}0.000{col 68}{space 4} 1.250724{col 81}{space 3} 2.366651
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} 1.988211{col 40}{space 2} .3198053{col 51}{space 1}    6.22{col 60}{space 3}0.000{col 68}{space 4} 1.355978{col 81}{space 3} 2.620444
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} 2.166565{col 40}{space 2} .3108397{col 51}{space 1}    6.97{col 60}{space 3}0.000{col 68}{space 4} 1.552056{col 81}{space 3} 2.781074
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} 2.198721{col 40}{space 2} .3079525{col 51}{space 1}    7.14{col 60}{space 3}0.000{col 68}{space 4}  1.58992{col 81}{space 3} 2.807523
{txt}{space 21}1964  {c |}{col 28}{res}{space 2}  1.88562{col 40}{space 2} .2901173{col 51}{space 1}    6.50{col 60}{space 3}0.000{col 68}{space 4} 1.312078{col 81}{space 3} 2.459162
{txt}{space 21}1966  {c |}{col 28}{res}{space 2} 2.292865{col 40}{space 2} .3259006{col 51}{space 1}    7.04{col 60}{space 3}0.000{col 68}{space 4} 1.648582{col 81}{space 3} 2.937148
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} 2.319962{col 40}{space 2} .3356536{col 51}{space 1}    6.91{col 60}{space 3}0.000{col 68}{space 4} 1.656398{col 81}{space 3} 2.983526
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} 2.329032{col 40}{space 2} .3603092{col 51}{space 1}    6.46{col 60}{space 3}0.000{col 68}{space 4} 1.616725{col 81}{space 3} 3.041338
{txt}{space 21}1969  {c |}{col 28}{res}{space 2}   2.0376{col 40}{space 2} .3252497{col 51}{space 1}    6.26{col 60}{space 3}0.000{col 68}{space 4} 1.394604{col 81}{space 3} 2.680597
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} 1.740212{col 40}{space 2} .2969359{col 51}{space 1}    5.86{col 60}{space 3}0.000{col 68}{space 4}  1.15319{col 81}{space 3} 2.327234
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} 2.122804{col 40}{space 2} .3055398{col 51}{space 1}    6.95{col 60}{space 3}0.000{col 68}{space 4} 1.518773{col 81}{space 3} 2.726835
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} 1.756701{col 40}{space 2} .2920004{col 51}{space 1}    6.02{col 60}{space 3}0.000{col 68}{space 4} 1.179436{col 81}{space 3} 2.333966
{txt}{space 21}1973  {c |}{col 28}{res}{space 2}  1.89757{col 40}{space 2} .3063008{col 51}{space 1}    6.20{col 60}{space 3}0.000{col 68}{space 4} 1.292035{col 81}{space 3} 2.503106
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} 1.888939{col 40}{space 2} .3083477{col 51}{space 1}    6.13{col 60}{space 3}0.000{col 68}{space 4} 1.279357{col 81}{space 3} 2.498522
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} 1.819361{col 40}{space 2} .3007714{col 51}{space 1}    6.05{col 60}{space 3}0.000{col 68}{space 4} 1.224757{col 81}{space 3} 2.413966
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} 2.082566{col 40}{space 2}  .333781{col 51}{space 1}    6.24{col 60}{space 3}0.000{col 68}{space 4} 1.422704{col 81}{space 3} 2.742428
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} 2.316081{col 40}{space 2} .3397454{col 51}{space 1}    6.82{col 60}{space 3}0.000{col 68}{space 4} 1.644428{col 81}{space 3} 2.987734
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} 1.827506{col 40}{space 2} .3108984{col 51}{space 1}    5.88{col 60}{space 3}0.000{col 68}{space 4} 1.212881{col 81}{space 3} 2.442131
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} 1.798536{col 40}{space 2}  .343188{col 51}{space 1}    5.24{col 60}{space 3}0.000{col 68}{space 4} 1.120077{col 81}{space 3} 2.476995
{txt}{space 21}1980  {c |}{col 28}{res}{space 2}   1.8684{col 40}{space 2} .3117278{col 51}{space 1}    5.99{col 60}{space 3}0.000{col 68}{space 4} 1.252135{col 81}{space 3} 2.484664
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} 2.108344{col 40}{space 2} .3505955{col 51}{space 1}    6.01{col 60}{space 3}0.000{col 68}{space 4}  1.41524{col 81}{space 3} 2.801447
{txt}{space 21}1982  {c |}{col 28}{res}{space 2} 2.466424{col 40}{space 2} .3775253{col 51}{space 1}    6.53{col 60}{space 3}0.000{col 68}{space 4} 1.720083{col 81}{space 3} 3.212766
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} 2.371829{col 40}{space 2} .3775479{col 51}{space 1}    6.28{col 60}{space 3}0.000{col 68}{space 4} 1.625443{col 81}{space 3} 3.118216
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} 2.334246{col 40}{space 2} .3800023{col 51}{space 1}    6.14{col 60}{space 3}0.000{col 68}{space 4} 1.583007{col 81}{space 3} 3.085484
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} 2.732988{col 40}{space 2} .3997508{col 51}{space 1}    6.84{col 60}{space 3}0.000{col 68}{space 4} 1.942708{col 81}{space 3} 3.523268
{txt}{space 21}1986  {c |}{col 28}{res}{space 2} 2.301886{col 40}{space 2} .3942623{col 51}{space 1}    5.84{col 60}{space 3}0.000{col 68}{space 4} 1.522457{col 81}{space 3} 3.081316
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} 2.305816{col 40}{space 2}   .39476{col 51}{space 1}    5.84{col 60}{space 3}0.000{col 68}{space 4} 1.525402{col 81}{space 3} 3.086229
{txt}{space 21}1988  {c |}{col 28}{res}{space 2} 2.613564{col 40}{space 2}  .414978{col 51}{space 1}    6.30{col 60}{space 3}0.000{col 68}{space 4} 1.793181{col 81}{space 3} 3.433947
{txt}{space 21}1989  {c |}{col 28}{res}{space 2}  2.36647{col 40}{space 2} .4075828{col 51}{space 1}    5.81{col 60}{space 3}0.000{col 68}{space 4} 1.560706{col 81}{space 3} 3.172233
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} 2.782734{col 40}{space 2} .4331873{col 51}{space 1}    6.42{col 60}{space 3}0.000{col 68}{space 4} 1.926353{col 81}{space 3} 3.639116
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} 2.721929{col 40}{space 2} .4282138{col 51}{space 1}    6.36{col 60}{space 3}0.000{col 68}{space 4}  1.87538{col 81}{space 3} 3.568478
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} 2.425661{col 40}{space 2} .4297979{col 51}{space 1}    5.64{col 60}{space 3}0.000{col 68}{space 4}  1.57598{col 81}{space 3} 3.275342
{txt}{space 21}1993  {c |}{col 28}{res}{space 2}  2.37047{col 40}{space 2} .4340124{col 51}{space 1}    5.46{col 60}{space 3}0.000{col 68}{space 4} 1.512458{col 81}{space 3} 3.228483
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} 2.223655{col 40}{space 2}  .425853{col 51}{space 1}    5.22{col 60}{space 3}0.000{col 68}{space 4} 1.381773{col 81}{space 3} 3.065537
{txt}{space 21}1995  {c |}{col 28}{res}{space 2}  2.33619{col 40}{space 2} .4339052{col 51}{space 1}    5.38{col 60}{space 3}0.000{col 68}{space 4} 1.478389{col 81}{space 3}  3.19399
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} 2.618253{col 40}{space 2} .4548485{col 51}{space 1}    5.76{col 60}{space 3}0.000{col 68}{space 4} 1.719048{col 81}{space 3} 3.517457
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} 2.528067{col 40}{space 2} .4614029{col 51}{space 1}    5.48{col 60}{space 3}0.000{col 68}{space 4} 1.615905{col 81}{space 3} 3.440229
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} 2.568982{col 40}{space 2} .4563076{col 51}{space 1}    5.63{col 60}{space 3}0.000{col 68}{space 4} 1.666893{col 81}{space 3} 3.471071
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} 2.448714{col 40}{space 2} .4410628{col 51}{space 1}    5.55{col 60}{space 3}0.000{col 68}{space 4} 1.576763{col 81}{space 3} 3.320665
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} 2.294868{col 40}{space 2}  .441705{col 51}{space 1}    5.20{col 60}{space 3}0.000{col 68}{space 4} 1.421648{col 81}{space 3} 3.168089
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} 2.672481{col 40}{space 2} .4490526{col 51}{space 1}    5.95{col 60}{space 3}0.000{col 68}{space 4} 1.784735{col 81}{space 3} 3.560228
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} 3.103733{col 40}{space 2} .4537195{col 51}{space 1}    6.84{col 60}{space 3}0.000{col 68}{space 4} 2.206761{col 81}{space 3} 4.000706
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} 3.150556{col 40}{space 2}  .462906{col 51}{space 1}    6.81{col 60}{space 3}0.000{col 68}{space 4} 2.235423{col 81}{space 3} 4.065689
{txt}{space 21}2004  {c |}{col 28}{res}{space 2} 3.261799{col 40}{space 2} .4694657{col 51}{space 1}    6.95{col 60}{space 3}0.000{col 68}{space 4} 2.333697{col 81}{space 3}   4.1899
{txt}{space 21}2005  {c |}{col 28}{res}{space 2} 3.737417{col 40}{space 2} .4925657{col 51}{space 1}    7.59{col 60}{space 3}0.000{col 68}{space 4} 2.763648{col 81}{space 3} 4.711186
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} 3.483032{col 40}{space 2} .5047667{col 51}{space 1}    6.90{col 60}{space 3}0.000{col 68}{space 4} 2.485143{col 81}{space 3} 4.480922
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} 3.481657{col 40}{space 2} .4907859{col 51}{space 1}    7.09{col 60}{space 3}0.000{col 68}{space 4} 2.511407{col 81}{space 3} 4.451908
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} 3.338343{col 40}{space 2} .4927907{col 51}{space 1}    6.77{col 60}{space 3}0.000{col 68}{space 4}  2.36413{col 81}{space 3} 4.312557
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} 3.519991{col 40}{space 2} .4924142{col 51}{space 1}    7.15{col 60}{space 3}0.000{col 68}{space 4} 2.546521{col 81}{space 3}  4.49346
{txt}{space 21}2010  {c |}{col 28}{res}{space 2}  3.49544{col 40}{space 2} .4704265{col 51}{space 1}    7.43{col 60}{space 3}0.000{col 68}{space 4} 2.565439{col 81}{space 3} 4.425441
{txt}{space 21}2011  {c |}{col 28}{res}{space 2}   3.8957{col 40}{space 2} .4709723{col 51}{space 1}    8.27{col 60}{space 3}0.000{col 68}{space 4}  2.96462{col 81}{space 3}  4.82678
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} 3.793981{col 40}{space 2} .4603642{col 51}{space 1}    8.24{col 60}{space 3}0.000{col 68}{space 4} 2.883872{col 81}{space 3} 4.704089
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} 3.690739{col 40}{space 2} .4591294{col 51}{space 1}    8.04{col 60}{space 3}0.000{col 68}{space 4} 2.783071{col 81}{space 3} 4.598406
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} 3.657406{col 40}{space 2} .4597595{col 51}{space 1}    7.96{col 60}{space 3}0.000{col 68}{space 4} 2.748493{col 81}{space 3} 4.566319
{txt}{space 21}2015  {c |}{col 28}{res}{space 2}  3.67957{col 40}{space 2} .4810644{col 51}{space 1}    7.65{col 60}{space 3}0.000{col 68}{space 4} 2.728539{col 81}{space 3} 4.630602
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} 3.516222{col 40}{space 2} .4771715{col 51}{space 1}    7.37{col 60}{space 3}0.000{col 68}{space 4} 2.572886{col 81}{space 3} 4.459557
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} 3.442486{col 40}{space 2} .4590541{col 51}{space 1}    7.50{col 60}{space 3}0.000{col 68}{space 4} 2.534967{col 81}{space 3} 4.350004
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} 3.303655{col 40}{space 2} .4677476{col 51}{space 1}    7.06{col 60}{space 3}0.000{col 68}{space 4}  2.37895{col 81}{space 3}  4.22836
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} 3.558139{col 40}{space 2} .4619165{col 51}{space 1}    7.70{col 60}{space 3}0.000{col 68}{space 4} 2.644962{col 81}{space 3} 4.471316
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} 3.357555{col 40}{space 2} .4344929{col 51}{space 1}    7.73{col 60}{space 3}0.000{col 68}{space 4} 2.498592{col 81}{space 3} 4.216518
{txt}{space 21}2021  {c |}{col 28}{res}{space 2}  2.87341{col 40}{space 2} .4444434{col 51}{space 1}    6.47{col 60}{space 3}0.000{col 68}{space 4} 1.994775{col 81}{space 3} 3.752044
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .2793676{col 40}{space 2} .6196839{col 51}{space 1}    0.45{col 60}{space 3}0.653{col 68}{space 4}-.9457051{col 81}{space 3}  1.50444
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} 1.2725194
                   {txt}sigma_e {c |} {res} 1.3384895
                       {txt}rho {c |} {res}    .47475{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         *Model 6
.         #delimit ;
{txt}delimiter now ;
{com}.         xtreg ln_us_aid_military
>                 l2_firm_strict_count_start
>                 l2_fpdist
>                 l2_tournament
>                 l3_rep_score
>                 l3_v2x_corr
>                 l3_cw_loint
>                 l3_bin_coup_suc 
>                 i.year
>                 if 
>                 vdem_autoc==1 
>                 , 
>                 fe
>                 cluster(cowcode)                        
>         ;
{res}
{txt}Fixed-effects (within) regression{col 49}Number of obs{col 67}={col 69}{res}     5,751
{txt}Group variable: {res}cowcode{txt}{col 49}Number of groups{col 67}={col 69}{res}       141

{txt}R-sq:{col 49}Obs per group:
     within  = {res}0.1756{col 63}{txt}min{col 67}={col 69}{res}         1
{txt}     between = {res}0.2263{col 63}{txt}avg{col 67}={col 69}{res}      40.8
{txt}     overall = {res}0.1638{col 63}{txt}max{col 67}={col 69}{res}        73

{txt}{col 49}F({res}79{txt},{res}140{txt}){col 67}={col 70}{res}     8.98
{txt}corr(u_i, Xb){col 16}= {res}-0.0006{txt}{col 49}Prob > F{col 67}={col 73}{res}0.0000

{txt}{ralign 92:(Std. Err. adjusted for {res:141} clusters in cowcode)}
{hline 27}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 28}{c |}{col 40}    Robust
{col 1}        ln_us_aid_military{col 28}{c |}      Coef.{col 40}   Std. Err.{col 52}      t{col 60}   P>|t|{col 68}     [95% Con{col 81}f. Interval]
{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
l2_firm_strict_count_start {c |}{col 28}{res}{space 2}-.0296347{col 40}{space 2} .0433307{col 51}{space 1}   -0.68{col 60}{space 3}0.495{col 68}{space 4}-.1153017{col 81}{space 3} .0560323
{txt}{space 17}l2_fpdist {c |}{col 28}{res}{space 2}-.7435335{col 40}{space 2} .1230643{col 51}{space 1}   -6.04{col 60}{space 3}0.000{col 68}{space 4}-.9868382{col 81}{space 3}-.5002289
{txt}{space 13}l2_tournament {c |}{col 28}{res}{space 2}-.2015844{col 40}{space 2} .2511673{col 51}{space 1}   -0.80{col 60}{space 3}0.424{col 68}{space 4}-.6981556{col 81}{space 3} .2949868
{txt}{space 14}l3_rep_score {c |}{col 28}{res}{space 2} .0394799{col 40}{space 2} .0876419{col 51}{space 1}    0.45{col 60}{space 3}0.653{col 68}{space 4}-.1337929{col 81}{space 3} .2127528
{txt}{space 15}l3_v2x_corr {c |}{col 28}{res}{space 2} .5746696{col 40}{space 2}  .615569{col 51}{space 1}    0.93{col 60}{space 3}0.352{col 68}{space 4}-.6423434{col 81}{space 3} 1.791683
{txt}{space 15}l3_cw_loint {c |}{col 28}{res}{space 2} .1652381{col 40}{space 2} .1493226{col 51}{space 1}    1.11{col 60}{space 3}0.270{col 68}{space 4}-.1299808{col 81}{space 3} .4604569
{txt}{space 11}l3_bin_coup_suc {c |}{col 28}{res}{space 2}-.0743874{col 40}{space 2} .0878191{col 51}{space 1}   -0.85{col 60}{space 3}0.398{col 68}{space 4}-.2480105{col 81}{space 3} .0992358
{txt}{space 26} {c |}
{space 22}year {c |}
{space 21}1950  {c |}{col 28}{res}{space 2} .2716749{col 40}{space 2} .1912211{col 51}{space 1}    1.42{col 60}{space 3}0.158{col 68}{space 4}-.1063795{col 81}{space 3} .6497293
{txt}{space 21}1951  {c |}{col 28}{res}{space 2} .6423449{col 40}{space 2} .2659125{col 51}{space 1}    2.42{col 60}{space 3}0.017{col 68}{space 4} .1166216{col 81}{space 3} 1.168068
{txt}{space 21}1952  {c |}{col 28}{res}{space 2} 1.047822{col 40}{space 2} .3213292{col 51}{space 1}    3.26{col 60}{space 3}0.001{col 68}{space 4} .4125375{col 81}{space 3} 1.683107
{txt}{space 21}1953  {c |}{col 28}{res}{space 2} 1.324361{col 40}{space 2}  .336929{col 51}{space 1}    3.93{col 60}{space 3}0.000{col 68}{space 4} .6582347{col 81}{space 3} 1.990488
{txt}{space 21}1954  {c |}{col 28}{res}{space 2} 1.513946{col 40}{space 2} .3182004{col 51}{space 1}    4.76{col 60}{space 3}0.000{col 68}{space 4} .8848473{col 81}{space 3} 2.143046
{txt}{space 21}1955  {c |}{col 28}{res}{space 2}  1.34402{col 40}{space 2} .3386507{col 51}{space 1}    3.97{col 60}{space 3}0.000{col 68}{space 4} .6744895{col 81}{space 3} 2.013551
{txt}{space 21}1956  {c |}{col 28}{res}{space 2} 1.574398{col 40}{space 2} .2938514{col 51}{space 1}    5.36{col 60}{space 3}0.000{col 68}{space 4} .9934385{col 81}{space 3} 2.155358
{txt}{space 21}1957  {c |}{col 28}{res}{space 2} 2.092324{col 40}{space 2} .3529415{col 51}{space 1}    5.93{col 60}{space 3}0.000{col 68}{space 4}  1.39454{col 81}{space 3} 2.790108
{txt}{space 21}1958  {c |}{col 28}{res}{space 2} 1.580829{col 40}{space 2} .3081885{col 51}{space 1}    5.13{col 60}{space 3}0.000{col 68}{space 4} .9715237{col 81}{space 3} 2.190134
{txt}{space 21}1959  {c |}{col 28}{res}{space 2} 1.479953{col 40}{space 2} .3074832{col 51}{space 1}    4.81{col 60}{space 3}0.000{col 68}{space 4} .8720419{col 81}{space 3} 2.087864
{txt}{space 21}1960  {c |}{col 28}{res}{space 2} 1.567475{col 40}{space 2} .2835706{col 51}{space 1}    5.53{col 60}{space 3}0.000{col 68}{space 4} 1.006841{col 81}{space 3} 2.128109
{txt}{space 21}1961  {c |}{col 28}{res}{space 2} 1.998231{col 40}{space 2} .3081461{col 51}{space 1}    6.48{col 60}{space 3}0.000{col 68}{space 4}  1.38901{col 81}{space 3} 2.607453
{txt}{space 21}1962  {c |}{col 28}{res}{space 2} 2.225751{col 40}{space 2} .3245932{col 51}{space 1}    6.86{col 60}{space 3}0.000{col 68}{space 4} 1.584013{col 81}{space 3} 2.867489
{txt}{space 21}1963  {c |}{col 28}{res}{space 2} 1.926949{col 40}{space 2} .2960961{col 51}{space 1}    6.51{col 60}{space 3}0.000{col 68}{space 4} 1.341551{col 81}{space 3} 2.512347
{txt}{space 21}1964  {c |}{col 28}{res}{space 2} 2.081519{col 40}{space 2} .3079168{col 51}{space 1}    6.76{col 60}{space 3}0.000{col 68}{space 4} 1.472751{col 81}{space 3} 2.690287
{txt}{space 21}1965  {c |}{col 28}{res}{space 2} 1.836792{col 40}{space 2}  .304576{col 51}{space 1}    6.03{col 60}{space 3}0.000{col 68}{space 4} 1.234629{col 81}{space 3} 2.438955
{txt}{space 21}1967  {c |}{col 28}{res}{space 2} 2.239682{col 40}{space 2} .3325602{col 51}{space 1}    6.73{col 60}{space 3}0.000{col 68}{space 4} 1.582192{col 81}{space 3} 2.897171
{txt}{space 21}1968  {c |}{col 28}{res}{space 2} 2.061486{col 40}{space 2} .3360961{col 51}{space 1}    6.13{col 60}{space 3}0.000{col 68}{space 4} 1.397006{col 81}{space 3} 2.725966
{txt}{space 21}1969  {c |}{col 28}{res}{space 2} 2.164126{col 40}{space 2}  .348947{col 51}{space 1}    6.20{col 60}{space 3}0.000{col 68}{space 4} 1.474239{col 81}{space 3} 2.854013
{txt}{space 21}1970  {c |}{col 28}{res}{space 2} 1.858438{col 40}{space 2} .3150358{col 51}{space 1}    5.90{col 60}{space 3}0.000{col 68}{space 4} 1.235595{col 81}{space 3} 2.481281
{txt}{space 21}1971  {c |}{col 28}{res}{space 2} 2.039015{col 40}{space 2} .3114357{col 51}{space 1}    6.55{col 60}{space 3}0.000{col 68}{space 4}  1.42329{col 81}{space 3}  2.65474
{txt}{space 21}1972  {c |}{col 28}{res}{space 2} 2.118132{col 40}{space 2} .3211201{col 51}{space 1}    6.60{col 60}{space 3}0.000{col 68}{space 4}  1.48326{col 81}{space 3} 2.753004
{txt}{space 21}1973  {c |}{col 28}{res}{space 2} 1.590464{col 40}{space 2} .2869356{col 51}{space 1}    5.54{col 60}{space 3}0.000{col 68}{space 4} 1.023177{col 81}{space 3} 2.157752
{txt}{space 21}1974  {c |}{col 28}{res}{space 2} 1.775791{col 40}{space 2} .3103074{col 51}{space 1}    5.72{col 60}{space 3}0.000{col 68}{space 4} 1.162297{col 81}{space 3} 2.389285
{txt}{space 21}1975  {c |}{col 28}{res}{space 2} 1.881896{col 40}{space 2} .3111789{col 51}{space 1}    6.05{col 60}{space 3}0.000{col 68}{space 4} 1.266679{col 81}{space 3} 2.497113
{txt}{space 21}1976  {c |}{col 28}{res}{space 2} 1.879993{col 40}{space 2} .3253168{col 51}{space 1}    5.78{col 60}{space 3}0.000{col 68}{space 4} 1.236824{col 81}{space 3} 2.523162
{txt}{space 21}1977  {c |}{col 28}{res}{space 2} 1.879904{col 40}{space 2} .3130917{col 51}{space 1}    6.00{col 60}{space 3}0.000{col 68}{space 4} 1.260905{col 81}{space 3} 2.498903
{txt}{space 21}1978  {c |}{col 28}{res}{space 2} 2.155428{col 40}{space 2} .3464713{col 51}{space 1}    6.22{col 60}{space 3}0.000{col 68}{space 4} 1.470435{col 81}{space 3}  2.84042
{txt}{space 21}1979  {c |}{col 28}{res}{space 2} 1.810644{col 40}{space 2} .3517554{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4} 1.115204{col 81}{space 3} 2.506083
{txt}{space 21}1980  {c |}{col 28}{res}{space 2} 1.756048{col 40}{space 2} .3056478{col 51}{space 1}    5.75{col 60}{space 3}0.000{col 68}{space 4} 1.151766{col 81}{space 3}  2.36033
{txt}{space 21}1981  {c |}{col 28}{res}{space 2} 1.975232{col 40}{space 2} .3486456{col 51}{space 1}    5.67{col 60}{space 3}0.000{col 68}{space 4} 1.285941{col 81}{space 3} 2.664523
{txt}{space 21}1982  {c |}{col 28}{res}{space 2}  2.17153{col 40}{space 2} .3648562{col 51}{space 1}    5.95{col 60}{space 3}0.000{col 68}{space 4}  1.45019{col 81}{space 3} 2.892871
{txt}{space 21}1983  {c |}{col 28}{res}{space 2} 2.405197{col 40}{space 2} .3877395{col 51}{space 1}    6.20{col 60}{space 3}0.000{col 68}{space 4} 1.638615{col 81}{space 3} 3.171779
{txt}{space 21}1984  {c |}{col 28}{res}{space 2} 2.284038{col 40}{space 2} .3857324{col 51}{space 1}    5.92{col 60}{space 3}0.000{col 68}{space 4} 1.521424{col 81}{space 3} 3.046652
{txt}{space 21}1985  {c |}{col 28}{res}{space 2} 2.524112{col 40}{space 2} .3918206{col 51}{space 1}    6.44{col 60}{space 3}0.000{col 68}{space 4} 1.749462{col 81}{space 3} 3.298763
{txt}{space 21}1986  {c |}{col 28}{res}{space 2}  2.24644{col 40}{space 2} .4002805{col 51}{space 1}    5.61{col 60}{space 3}0.000{col 68}{space 4} 1.455064{col 81}{space 3} 3.037816
{txt}{space 21}1987  {c |}{col 28}{res}{space 2} 2.160226{col 40}{space 2} .3946608{col 51}{space 1}    5.47{col 60}{space 3}0.000{col 68}{space 4}  1.37996{col 81}{space 3} 2.940491
{txt}{space 21}1988  {c |}{col 28}{res}{space 2}  2.48808{col 40}{space 2} .4095731{col 51}{space 1}    6.07{col 60}{space 3}0.000{col 68}{space 4} 1.678332{col 81}{space 3} 3.297828
{txt}{space 21}1989  {c |}{col 28}{res}{space 2} 2.335885{col 40}{space 2} .4151735{col 51}{space 1}    5.63{col 60}{space 3}0.000{col 68}{space 4} 1.515064{col 81}{space 3} 3.156705
{txt}{space 21}1990  {c |}{col 28}{res}{space 2} 2.621687{col 40}{space 2}  .431461{col 51}{space 1}    6.08{col 60}{space 3}0.000{col 68}{space 4} 1.768666{col 81}{space 3} 3.474709
{txt}{space 21}1991  {c |}{col 28}{res}{space 2} 2.644197{col 40}{space 2} .4329246{col 51}{space 1}    6.11{col 60}{space 3}0.000{col 68}{space 4} 1.788282{col 81}{space 3} 3.500112
{txt}{space 21}1992  {c |}{col 28}{res}{space 2} 2.453861{col 40}{space 2} .4375868{col 51}{space 1}    5.61{col 60}{space 3}0.000{col 68}{space 4} 1.588728{col 81}{space 3} 3.318993
{txt}{space 21}1993  {c |}{col 28}{res}{space 2} 2.404604{col 40}{space 2} .4384396{col 51}{space 1}    5.48{col 60}{space 3}0.000{col 68}{space 4} 1.537785{col 81}{space 3} 3.271423
{txt}{space 21}1994  {c |}{col 28}{res}{space 2} 2.231535{col 40}{space 2} .4362095{col 51}{space 1}    5.12{col 60}{space 3}0.000{col 68}{space 4} 1.369126{col 81}{space 3} 3.093945
{txt}{space 21}1995  {c |}{col 28}{res}{space 2} 2.219495{col 40}{space 2} .4346042{col 51}{space 1}    5.11{col 60}{space 3}0.000{col 68}{space 4} 1.360259{col 81}{space 3} 3.078731
{txt}{space 21}1996  {c |}{col 28}{res}{space 2} 2.466272{col 40}{space 2} .4487885{col 51}{space 1}    5.50{col 60}{space 3}0.000{col 68}{space 4} 1.578993{col 81}{space 3} 3.353551
{txt}{space 21}1997  {c |}{col 28}{res}{space 2} 2.455039{col 40}{space 2} .4643749{col 51}{space 1}    5.29{col 60}{space 3}0.000{col 68}{space 4} 1.536945{col 81}{space 3} 3.373133
{txt}{space 21}1998  {c |}{col 28}{res}{space 2} 2.573753{col 40}{space 2} .4721395{col 51}{space 1}    5.45{col 60}{space 3}0.000{col 68}{space 4} 1.640308{col 81}{space 3} 3.507198
{txt}{space 21}1999  {c |}{col 28}{res}{space 2} 2.549576{col 40}{space 2} .4656834{col 51}{space 1}    5.47{col 60}{space 3}0.000{col 68}{space 4} 1.628895{col 81}{space 3} 3.470257
{txt}{space 21}2000  {c |}{col 28}{res}{space 2} 2.317214{col 40}{space 2} .4501043{col 51}{space 1}    5.15{col 60}{space 3}0.000{col 68}{space 4} 1.427334{col 81}{space 3} 3.207095
{txt}{space 21}2001  {c |}{col 28}{res}{space 2} 2.583761{col 40}{space 2} .4543136{col 51}{space 1}    5.69{col 60}{space 3}0.000{col 68}{space 4} 1.685558{col 81}{space 3} 3.481963
{txt}{space 21}2002  {c |}{col 28}{res}{space 2} 3.120218{col 40}{space 2} .4623486{col 51}{space 1}    6.75{col 60}{space 3}0.000{col 68}{space 4}  2.20613{col 81}{space 3} 4.034306
{txt}{space 21}2003  {c |}{col 28}{res}{space 2} 3.058066{col 40}{space 2} .4701857{col 51}{space 1}    6.50{col 60}{space 3}0.000{col 68}{space 4} 2.128483{col 81}{space 3} 3.987648
{txt}{space 21}2004  {c |}{col 28}{res}{space 2}    3.082{col 40}{space 2} .4664308{col 51}{space 1}    6.61{col 60}{space 3}0.000{col 68}{space 4} 2.159841{col 81}{space 3} 4.004158
{txt}{space 21}2005  {c |}{col 28}{res}{space 2}  3.65669{col 40}{space 2} .4858667{col 51}{space 1}    7.53{col 60}{space 3}0.000{col 68}{space 4} 2.696105{col 81}{space 3} 4.617274
{txt}{space 21}2006  {c |}{col 28}{res}{space 2} 3.371983{col 40}{space 2} .5096588{col 51}{space 1}    6.62{col 60}{space 3}0.000{col 68}{space 4}  2.36436{col 81}{space 3} 4.379606
{txt}{space 21}2007  {c |}{col 28}{res}{space 2} 3.523177{col 40}{space 2} .5058515{col 51}{space 1}    6.96{col 60}{space 3}0.000{col 68}{space 4} 2.523082{col 81}{space 3} 4.523273
{txt}{space 21}2008  {c |}{col 28}{res}{space 2} 3.289431{col 40}{space 2} .5054537{col 51}{space 1}    6.51{col 60}{space 3}0.000{col 68}{space 4} 2.290121{col 81}{space 3}  4.28874
{txt}{space 21}2009  {c |}{col 28}{res}{space 2} 3.430446{col 40}{space 2} .4931538{col 51}{space 1}    6.96{col 60}{space 3}0.000{col 68}{space 4} 2.455454{col 81}{space 3} 4.405437
{txt}{space 21}2010  {c |}{col 28}{res}{space 2} 3.568694{col 40}{space 2} .4941434{col 51}{space 1}    7.22{col 60}{space 3}0.000{col 68}{space 4} 2.591746{col 81}{space 3} 4.545642
{txt}{space 21}2011  {c |}{col 28}{res}{space 2} 3.862459{col 40}{space 2} .4792906{col 51}{space 1}    8.06{col 60}{space 3}0.000{col 68}{space 4} 2.914876{col 81}{space 3} 4.810042
{txt}{space 21}2012  {c |}{col 28}{res}{space 2} 3.783526{col 40}{space 2} .4763947{col 51}{space 1}    7.94{col 60}{space 3}0.000{col 68}{space 4} 2.841668{col 81}{space 3} 4.725384
{txt}{space 21}2013  {c |}{col 28}{res}{space 2} 3.599605{col 40}{space 2}  .452751{col 51}{space 1}    7.95{col 60}{space 3}0.000{col 68}{space 4} 2.704492{col 81}{space 3} 4.494718
{txt}{space 21}2014  {c |}{col 28}{res}{space 2} 3.498414{col 40}{space 2} .4583935{col 51}{space 1}    7.63{col 60}{space 3}0.000{col 68}{space 4} 2.592146{col 81}{space 3} 4.404683
{txt}{space 21}2015  {c |}{col 28}{res}{space 2} 3.612871{col 40}{space 2} .4838662{col 51}{space 1}    7.47{col 60}{space 3}0.000{col 68}{space 4} 2.656242{col 81}{space 3} 4.569501
{txt}{space 21}2016  {c |}{col 28}{res}{space 2} 3.537333{col 40}{space 2} .4938494{col 51}{space 1}    7.16{col 60}{space 3}0.000{col 68}{space 4} 2.560967{col 81}{space 3}   4.5137
{txt}{space 21}2017  {c |}{col 28}{res}{space 2} 3.433565{col 40}{space 2} .4623314{col 51}{space 1}    7.43{col 60}{space 3}0.000{col 68}{space 4} 2.519511{col 81}{space 3} 4.347619
{txt}{space 21}2018  {c |}{col 28}{res}{space 2} 3.235864{col 40}{space 2}  .472574{col 51}{space 1}    6.85{col 60}{space 3}0.000{col 68}{space 4}  2.30156{col 81}{space 3} 4.170168
{txt}{space 21}2019  {c |}{col 28}{res}{space 2} 3.503195{col 40}{space 2} .4692837{col 51}{space 1}    7.46{col 60}{space 3}0.000{col 68}{space 4} 2.575396{col 81}{space 3} 4.430994
{txt}{space 21}2020  {c |}{col 28}{res}{space 2} 3.404736{col 40}{space 2} .4473861{col 51}{space 1}    7.61{col 60}{space 3}0.000{col 68}{space 4} 2.520229{col 81}{space 3} 4.289242
{txt}{space 21}2021  {c |}{col 28}{res}{space 2} 2.788786{col 40}{space 2} .4425251{col 51}{space 1}    6.30{col 60}{space 3}0.000{col 68}{space 4}  1.91389{col 81}{space 3} 3.663682
{txt}{space 21}2022  {c |}{col 28}{res}{space 2} 2.817758{col 40}{space 2} .4538821{col 51}{space 1}    6.21{col 60}{space 3}0.000{col 68}{space 4} 1.920409{col 81}{space 3} 3.715108
{txt}{space 26} {c |}
{space 21}_cons {c |}{col 28}{res}{space 2} .4618827{col 40}{space 2} .6349834{col 51}{space 1}    0.73{col 60}{space 3}0.468{col 68}{space 4}-.7935136{col 81}{space 3} 1.717279
{txt}{hline 27}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
                   sigma_u {c |} {res} 1.2776896
                   {txt}sigma_e {c |} {res} 1.3428009
                       {txt}rho {c |} {res} .47516834{txt}   (fraction of variance due to u_i)
{hline 27}{c BT}{hline 64}

{com}.         #delimit cr     
{txt}delimiter now cr
{com}.         
.         
. ********************************************************************************        
. *
. *
. *       
. ********************************************************************************                
.         
.         *Closing graph windows
.         graph close _all 
{txt}
{com}.         
.         *Clearing data
.         clear all
{res}{txt}
{com}.         
.         *End recording log file
.         log close       
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}C:\Users\pxq521\Dropbox\Adam_Alex_Christian\replication\replicationfiles\replication_log.smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res} 2 Jun 2025, 09:30:10
{txt}{.-}
{smcl}
{txt}{sf}{ul off}